Do you live in a state that has a high sales tax? A state that imposes no sales tax at all? Consumption tax, the category that includes sales tax, is often a footnote at the end of a receipt ...

Under Japan’s current tax system, app and game companies are responsible for paying the consumption tax on app sales themselves. However, many overseas companies are believed to have failed to ...

Consumption tax revenue surged by more than 1 trillion yen to a record high 23.0792 trillion yen, and contributed the most to the overall tax figure for the third straight year. Revenue from the ...

House Republicans introduced the FairTax Act of 2023 in January, and if it passes, a national consumption tax would replace the current tax system. Keep reading to find out how it would work and ...