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John Turner
- May 17, 2020
- 2 min
Yes, Businesses Do Pay Sales-Taxes on Energy Purchases—Both Electricity and Natural Gas!
There are so many daily concerns that consume most managers time that many are unaware of the fact that commercial businesses pay sales-taxes on both electricity and natural gas. Since there are no sales-taxes on residential electricity and natural gas, some assume the same is true for businesses. Electricity and natural gas represent large expense lines for most businesses and sales-taxes on these bills can be significant. They are often one of those charges on the bill few
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