Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the United States, consumption tax comes in the form of retail sales tax and excise tax (tax imposed on ...

Do you reside in a state with a high sales tax, or perhaps one that imposes no sales tax at all? While often overlooked, consumption taxes, which include sales taxes, can significantly affect your ...

BEIJING, July 31 (Reuters) - China will gradually implement consumption tax reform through different items and standardise management of local governments' non-tax revenues, Vice Finance Minister Wang ...

NEW DELHI (Reuters) -India's government will slash the consumption tax it charges consumers and businesses by October, a top official said on Friday, hours after Prime Minister Narendra Modi announced ...