Tax object: A tax levied on the retail sale of tangible personal property and the provision of certain services

Buyer pays unless tax exemption certificate can be provided to seller

Tax rate: ranging from 2.9% to 7.25%

Tax incentives: Tax exemptions are generally granted for necessities such as food, food supplies, medicines and health care products

Tax payable: actual selling price of goods * tax rate

Declaration requirements: 1. The seller collects and pays the tax; 2. The seller submits a sales tax return

Payment: Pay quarterly

Levy on purchases made in state A and used, stored or consumed in state B

Some states allow sales tax credits

If the buyer has not paid sales tax in the place where the taxable goods are used, he needs to declare and pay use tax locally.

For all goods imported into the United States, except goods exempt from duty under the Tariff Rules

Different treatment for the place of origin of goods according to the terms of the tax agreement

Ad valorem tax rate, specific tax rate or compound tax rate

Ad valorem tax rate 0%-20%

Bonded warehouse, foreign trade zone, storage for up to five years

Goods processed in foreign trade zones and re-exported

Temporary entry of goods, temporary duty-free customs clearance

Declaration obligor: importer; special tariffs apply to mailing methods

Customs declaration time limit: Within 15 days after arriving at the U.S. port of entry or before leaving the bonded warehouse or foreign trade zone

Competent authority: U.S. Customs and Border Protection

If there are no substantial changes when re-exporting, the taxpayer can apply for a tax refund

Property tax is levied on movable and immovable property located within the region on January 1.

Different treatment for the place of origin of goods according to the terms of the tax agreement

Tax payable = market value * discount rate * tax rate

Generally, a tax assessor assesses the market value and sets the discount rate and tax rate by himself.

Generally payable before January 1st

Prepaid in some areas

Non-resident taxpayers who provide labor services in the United States are also required to pay the above-mentioned social insurance and medical insurance.

States increase work-related injury insurance tax

Employees need to earn wages and salary income for services provided in the United States

Non-resident taxpayers who provide labor services in the United States are also required to pay the above-mentioned social insurance and medical insurance.

Exemptions: exchange visitors, students (maximum five years)

employer

employee

Federal and state governments impose levies on various goods and activities

Imposed on manufacturers, importers, retailers or providers of goods and activities

Different tax rates apply to different goods

Generally file a Form 720 tax return

Form 637 applies to specific goods or activities

Filing period: quarterly, monthly or half-monthly if tax is not prepaid or tax owed

The amount of tax deposited every half month shall not be less than 95% of the tax payable for the current period

Safe harbor rule: If the amount of tax deposited every half month in the current quarter is at least 1/6 of the tax payable in the second quarter, the requirements will be deemed to be met.

Stamp tax is levied on real estate transfer transactions and real estate mortgage-backed loans (state and local levels)

Usually based on the value of the real estate being transferred

The obligation to pay stamp duty arises when registering with a public administration agency.