11. Which of the following taxes is NOT used in the United States? Value-added tax...
11. Which of the following taxes is NOT used in the United States?
Value-added tax
Sales tax
Profits tax
Property tax
Homework Answers
United States levy following taxes -
1. Sales Tax
2. Profits Tax
3. Property Tax
However, United States does not use Value-added tax.
Value-added tax is levied by around 160 countries in the world.
Almost all developed countries use value-added tax system except United States.
Thus,
United States does not use Value-added tax.
Hence, the correct answer is the option (1).
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11. Which of the following taxes is NOT used in the United
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