A small business that sells goods or services in a state with a sales tax must collect the tax from customers and regularly remit it to the state's department of revenue. When you're unable to collect ...

To facilitate the business community, the Central Board of Revenue (CBR) has issued special procedure for issuance of electronic sales tax invoices between buyers and sellers. The procedure will be ...

Sales tax you pay for inventory used in manufacturing your goods is a cost of goods sold. The inventory you purchase is also a cost of goods sold; however, the sales tax expense for the inventory is ...