Use Tax

A related type of boondoggle is the value-added cost or VAT. It is a system in which all businesses remit taxes on their sales but they are also refunded the amount of VAT remitted by their suppliers. In adding to avoiding cascading, under VAT there is no requisite for influence to determine which sales are taxable and which are not, since all Use Tax sales--retail, large-scale and intermediate--are taxed.

Review of coterie purchases to determine which assets may qualify for exemptions. Finding overlooked exemptions often results in significant savings.