(Answered) Identify the important elements of sales taxation what

Management Studies

Identify the important elements of sales taxation. What governments levy general and selective sales taxes? Identify the following for the RST: What commodity sales are exempt? Are services taxed? What is the nominal rate? What are the brackets? Does your state provide sales tax credits? In regard to selective excises: What selective excises are used? How are their bases de-fined? What rates apply?

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