You are viewing a single comment's thread from:RE: LeoThread 2025-05-26 17:56View the full contextView the direct parenttaskmaster4450le (81)in LeoFinance • 5 months ago What is the difference between a sales tax and VAT?
Sales tax is applied once at the point of sale while VAT is charged at each production step, allowing businesses to reclaim taxes on inputs, effectively spreading the tax across the value chain