The sales tax deduction lets you deduct the state and local sales taxes you've paid during the year, but only if you itemize your deductions. Learn more.

Ohio’s manufacturing exemption is available for property primarily used to produce a product for sale. R.C. 5739.011. Exemption expands to property used or consumed in a “manufacturing operation” ...

A consumption tax on the sale of goods and services that states and local governments impose when you purchase certain taxable goods and services. A taxable sale includes any transaction in which ...

Europeans familiar with VAT have a whole new language to learn as they try to understand US Sales and Use Tax (SUT). Both are indirect taxes, but they vary widely in scope and implementation, writes ...

New sales tax nexus standards are creating a larger compliance footprint for U.S. companies and, potentially, foreign entities selling into the United States. With the change from physical presence to ...