A tax added to the cost of an item bought at a store is a(n).

Social Studies

2 answers:

FrozenT [24]3 years ago

5 0

Answer:

A value-added tax (VAT) is a consumption tax that is levied on a product repeatedly at every point of sale at which value has been added. That is, the tax is added when a raw materials producer sells a product to a factory, when the factory sells the finished product to a wholesaler, when the wholesaler sells it on to a retailer, and, finally, when the retailer sells it to the consumer who will use it.

Triss [41]3 years ago

3 0

D
Fun fact if you use an Oregon zip code you can dodge sales tax if you don’t need it delivered to you house

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