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  2. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    Alabama has a state general sales tax of 4%, plus any additional local city and county taxes. [50] As of August 2015, the highest total general sales tax rate in Alabama is in the portions of Arab that are in Cullman County, which total to 13.5%. [51]

  3. Tax exemption - Wikipedia

    en.wikipedia.org/wiki/Tax_exemption

    Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items.

  4. Business and occupation tax - Wikipedia

    en.wikipedia.org/wiki/Business_and_occupation_tax

    The business and occupation tax (often abbreviated as B&O tax or B/O tax) is a type of tax levied by the U.S. states of Washington, West Virginia, and, as of 2010, Ohio, [1] and by municipal governments in West Virginia and Kentucky. [2] It is a type of gross receipts tax because it is levied on gross income, rather than net income.

  5. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    Unlike value added tax, sales tax is imposed only once, at the retail level, on any particular goods. Nearly all jurisdictions provide numerous categories of goods and services that are exempt from sales tax, or taxed at a reduced rate. Purchase of goods for further manufacture or for resale is uniformly exempt from sales tax.

  6. Sales tax - Wikipedia

    en.wikipedia.org/wiki/Sales_tax

    Wholesale sales tax, a tax on sales of wholesale of tangible personal property when in a form packaged and labeled ready for shipment or delivery to final users and consumers; Retail sales tax, a tax on sales of retail of tangible personal property to final consumers and industrial users [3] Gross receipts taxes, levied on all sales of a ...

  7. How Social Security Has Changed Under Biden — And 3 Ways It ...

    www.aol.com/finance/social-security-could-change...

    Under this scenario, workers would pay Social Security taxes up to the current wage base — $147,000 in 2022 — and then be exempt from additional taxes on earned income between $147,000 and ...

  8. Jefferson County, Alabama - Wikipedia

    en.wikipedia.org/wiki/Jefferson_County,_Alabama

    This additional 1% has resulted in some county municipalities, such as Fairfield, to have sales tax rates as high as 10%, while other municipalities and incorporated communities had an increase in their total sales tax rate from 8% to 9%. The state of Alabama sales tax was 4% at the time and Jefferson County's was 2% in total. Some municipal ...

  9. Temu, Shein suspend Vietnam operations amid crackdown on e ...

    www.aol.com/news/temu-told-suspend-vietnam...

    The change spells a blow for the foreign-dominated e-commerce industry, which has benefited since 2010 from a VAT exemption and rules allowing it to avoid duties on imports worth less than 1 ...

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