What Is a Harmonized Sales Tax?

Sales tax is also called "business tax", "transaction tax", "commodity circulation tax", "general sales tax". A turnover tax levied on the sales of goods as a taxable object at a uniform rate. The levy link can be divided into two categories: one is the multi-link levy, and even the tax is levied. For example, the levy of the Brazilian sales tax includes all links from production to consumption; the other is the choice of production and wholesale. Tax is levied at a certain link in retail. ^[1]