What Does Sales Tax Look Like?

There is a “newer” company on the street that provides a one-of-a-kind service – they let everyone know how to tax goods and services sold in the U.S. Their name says what they do:

Transaction (things bought or sold), Tax (the tax on this activity), Resources (their people, their website, their support services) – TTR, Inc.

They have lawyers, accountants, and others that spend 1,000s of hours weekly reviewing and answering sales tax questions for the largest companies in the U.S.

Recently, their CEO asked their staff to complete a basic exercise on taxes; included in this exercise was the following question:

“What does a sales tax look like?”

The answers were all over the board. From three-headed dragons to empty wallets – some were funny, some were silly. However, one answer stood out above all others. This came from one of our content development professionals.

The answer went something like this:

What does a sales tax look like? It looks like your high school teacher. Your fireman or firewoman. It looks like the street you drive on to get to work. It looks like the signs on the road, clean water, and public parks. It is the light you wait to turn green and it is the lamp post you walk by at night to have light. It is the officer who protects and it is the leaves removed in the fall.

While many may say that a sales tax is a bad thing – I don’t think so. It becomes all the things I am grateful to have in this amazing country.

And in my opinion - It is a small price to pay for such amazing amenities.

About This Tax Company

Transaction (things bought or sold), Tax (the tax on this activity), Resources (our people, our website, our support services) – TTR, Inc.

We have a website that companies subscribe to, and these companies use our website daily. This website provides a list of everything that can be bought or sold in the U.S. It gives simple answers to whether buying or selling these things is taxable (subject to a sales tax or other tax), and it also provides all the legal authority to support these tax answers.

We like to keep things simple and fun – which is why we also have great people who provide help to our clients on any support questions they have about transaction tax issues.

We would love to hear from you – please contact us at 866.578.8193 or visit us on the web at www.ttrus.com.