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The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. The following tables show the governmental budget balance, in millions of US dollars or millions of local currency units (LCU, the most commonly used in the country) and as percentage of GDP, based on data published by Central ...
California has the highest base sales tax rate, 7.25%. Including county and city sales taxes, the highest total sales tax as of September 1, 2013, was in Arab, Alabama, 13.50%. [ 2] Sales tax is calculated by multiplying the purchase price by the applicable tax rate. The seller collects it at the time of the sale.
The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. As of 2019, approximately 1.3 billion people [ 11 ] were living in 53 countries in Africa. Africa is a resource-rich continent. [ 12 ][ 13 ] Recent growth has been due to growth in sales, commodities, services, and manufacturing. [ 14 ]
The top rate is currently 20%, and the proposal calls for 15%. The plan would also eliminate the so-called net investment income tax, or NIIT, an extra 3.8% levy on assets once modified adjusted ...