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Sales tax amounts, measured in drachmas at a rate of one percent, were recorded in a separate column of a record prepared for the auction of 16 slaves in Piraeus, Greece in 415 BC. [33] Nearby Athens collected duties on the import and export of commodities, recorded at a rate of two percent in 399 BC.
Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
GST in New Zealand is designed to be a broad-based system with few exemptions, such as for rents collected on residential rental properties, donations, precious metals and financial services. [75] It normally makes up around 30% of tax revenue in New Zealand. [76] The rate for GST, effective since 1 October 2010 is 15%. [77]
If a business makes sales of physical goods to a member state that exceeds that member states distance selling threshold (typically either €30,000 or €100,000), then it must register to pay VAT in that member state and collect VAT at that member state's VAT rate.
A Redfin analysis found that HOA dues have risen sharply, with three Florida metro areas experiencing increases that more than double the fee hikes in other cities nationwide. Don't miss
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Different rates of VAT apply in different EU member states. The minimum standard rate of VAT throughout the EU is 15%, although reduced rates of VAT, as low as 5%, are applied in various states on various sorts of supply (for example, domestic fuel and power in the UK). The maximum rate in the EU is 25%.
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