In the United States, individual states and municipalities charge a sales tax on retail purchases to raise revenue for the government.Start your online business today. For free.Start free trial No matter where in the world you do business, understanding how sales tax impacts your business is imp...
3: 16 countries and territories allow using cars between 6 and9 years old, and the tax is based on the age of the vehicle and increases with the age of the vehicle. 4: 24 countries/regions prohibit used cars over 10 years old. RisksOf China’sUsedCarExporting 1: Despite the huge pote...
Start your online business today. For free. Start free trial Sales tax FAQ Who pays sales tax? The consumer pays the sales tax to the retailer in addition to the cost of the item or service. The retailer is responsible for collecting and paying the tax to the local or state governments....
After reading this guide, you should have a better idea of what business travel is - and what it isn’t. We’ve covered definitions of business travel and some examples too, along with tips for managing corporate travel expenses. So, you should be all set to plan your next business trip...
tax administrationpolitical economypolicy reformPhilippinestax policy, tax administration, political economy, policy reform, Philippinesdoi:10.2139/ssrn.2436441AlonsoTerme, RosaSsrn Electronic JournalTerme, Rosa. 2014. "What Prevents the Philippines from Undertaking Tax Reform: A Story of the Unraveling ...
Offshore outsourcing.This is when an organization contracts a provider in another non-neighboring country. For example, a German firm hiring a vendor in the Philippines. Onshore outsourcing.Also referred to as domestic or local outsourcing, this is when both the organization and the service provide...
ERP systems unify essential business functions, such as accounting, financial planning and analysis (FP&A), supply chain, inventory management, and procurement. These applications are natively integrated with a common user interface and data model, eliminating the need to move between systems or integra...
Delays in deliveries and lost products could mean a decrease in customer loyalty and lowered brand impression, factors that can curtail your business’ e-commerce growth. Breakbulk shipping is a way for export businesses to avoid shipping delays. With BBX, goods are not containerized,...
FP&A professionals often work closely with other parts of the business to develop forecasts and budgets, including sales plans, workforce plans, and operational plans. This is known as connected planning. 5. Tax Every company must file taxes, but it gets especially complicated for big companies ...
Do you pay FICA taxes if you’re self-employed? Yes, but it's called the Self-Employed Tax and is governed by SECA instead of FICA. The rates and calculations underSECAopens in a new tabare the same as FICA, but self-employed workers must pay the entire amounts themselves as they don...