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sales tax

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consumption tax VAT value added tax revenue government commerce retail transaction invoice receipt price cost levy duty tariff excise fiscal budget treasury economy consumer merchant vendor seller buyer purchase sale gross net percentage rate bracket exemption deduction rebate refund audit compliance regulation legislation law statute collection remittance payment billing accounting bookkeeping ledger profit margin markup discount wholesale retailer store marketplace ecommerce surcharge taxation taxpayer tax bracket income tax property tax corporate tax public finance expenditure subsidy inflation purchasing power currency money cashier point of sale checkout

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