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Local option sales tax refers to a tax that municipalities in Vermont can choose to apply to certain sales transactions. For businesses leasing computer equipment, this tax can affect budgeting and expense planning. Familiarizing yourself with local option sales tax can enhance your financial forecasting.
The local option meals tax is a tax that local governments in Vermont can impose on prepared meals sold within their jurisdiction. This tax can affect businesses, including those leasing computer equipment, as it may impact overall sales prices. Being informed about local option meals tax is essential for businesses engaged in equipment leasing.