Consumption/VAT/Sales Tax in the United States

Overview by Globlatrade.net:
Nature of the Tax
Sales Tax is levied by individual States at various rates. For more specific information at local level, consult the  United States Taxation Site and the FTA website.
Standard Rate
Varies by State and city (around 5% and 6%).
Reduced Tax Rate
Varies by State and city. Click here for more information.
Exclusion From Taxation
- Food for human consumption (groceries) are generally exempt from tax unless sold in a heated condition (except hot bakery items or hot beverages)
- Prescription drugs and certain medical supplies
- Energy utilities
- Certain alternative energy devices and supplies
Method of Calculation, Declaration and Settlement
For information on the sales tax calculation you can access the dedicated official government website.
Other Consumption Taxes
Other consumption taxes are levied at the local level. Click here for more information about other consumption taxes by states.

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Experts Views (3)
  • EU VAT Guide

    With 27 EU Member States, each with their own VAT legislation to consider, VAT can be a time consuming and confusing task for international business.

    Accordance on 24 Jan 2012 related to Consumption/VAT/Sales Tax in the United States

  • An Overview of U.S. Taxation

    This article discusses by way of overview the U.S. tax system and some of the important tax considerations for investors, exporters, licensors etc. to consider.

    Gallet Dreyer & Berkey, LLP on 3 Jun 2010 related to Consumption/VAT/Sales Tax in the United States

  • Bob McTeer’s Economic Policy Blog

    Bob McTeer's insights on economic policy, taxes, economic stimulus, federal budget, monetary policy and international trade policy.

    National Center for Policy Analysis on 15 Mar 2011 related to Consumption/VAT/Sales Tax in the United States

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