answersLogoWhite

0

What else can I help you with?

Continue Learning about Accounting

Where can I do my taxes easy and on my own?

If you want to do your taxes, then you should get the software called Turbo Tax. It makes filing taxes easy. It is one of the best selling products on the market.


When you buy something at the store you pay a sales tax on your purchase?

It depends what you are buying. Some products are subject to sales taxes, and some are not. This also varies by jurisdiction. Taxes are not the same everywhere.


What does it mean when something has an ad valorem tax?

Ad Valorem Tax is property taxes or duty taxes on imported products which is based on the the value of the real estate or personal property in question.


Taxes on goods made in the US?

Taxes on goods made in the U.S. typically include federal, state, and local taxes. The most common federal tax is the corporate income tax, while states may impose sales taxes on transactions. Additionally, specific industries may face excise taxes, such as those on alcohol or tobacco. These taxes can affect the final price of goods and the overall competitiveness of U.S. products in the global market.


How are sales taxes and excise taxe alike?

Sales taxes and excise taxes are both forms of indirect taxation imposed by governments to generate revenue. They are collected from consumers at the point of purchase, meaning businesses act as intermediaries in collecting these taxes. Both types of taxes can influence consumer behavior, as they affect the final price of goods and services. However, while sales taxes are typically applied broadly to a wide range of goods and services, excise taxes are usually levied on specific products, such as alcohol, tobacco, and fuel.

Related Questions

What are the taxes on production transportation sale or consumption of goods?

Excise Taxes.


What does imposing tariffs mean?

A tariff is a tax paid on goods brought into a colony or country; tariffs protect internal production by raising the price of imported goods.


What is the products made in production are called?

Products made in production are typically referred to as manufactured goods or simply products. These are items that have been created through a series of processes or operations in a production system.


The making of products?

production


How did the colonists protest British taxes?

by boycotting products.


What is Production optimization?

production optimization is increasing the quality&quantity of products


A measure imposed by a government to favor domestic products over foreign products not involving taxes is what?

No


What is Imported duties?

Taxes that is added onto imported products


What is secondary production?

secondary production is the conversion of raw materials to finished products. this is the second stage of production.


How many products can be shown on a single production possibilities graph?

Only two products can be shown on a single production possibilities graph


Which country is number one in production of gay products?

There is no such thing as gay products.


What is the relationship between production department and marketing department in a business organisation?

The marketing department promotes the products that the production department produces. The production team ensures that the products meet advertising claims.