Cryptocurrency Q&A
What is SST on payment?
What is SST on payment?
Raffaele
Fri Apr 04 2025
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6
answers
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I encountered the term 'SST' on a payment receipt and I'm not sure what it stands for. Is it a type of tax or a fee? I need clarification on what SST means in the context of payments.
6 answers
MysticChaser
Sun Apr 06 2025
SST stands for Sales and Service Tax, representing a significant form of consumption tax.
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Caterina
Sun Apr 06 2025
This tax is imposed on the sale of goods and services within Malaysia.
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MysticInfinity
Sat Apr 05 2025
As a consumption tax, SST differs from other types of taxes like income tax.
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Federico
Sat Apr 05 2025
The main characteristic of SST is that the tax burden ultimately falls on consumers.
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WhisperInfinity
Sat Apr 05 2025
This means that consumers are the ones who ultimately pay for the tax, not the businesses selling the goods or services.
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