I am starting a business selling games and electronics in my hometown, but I found out that I need to use form 720 if I sell electronics that are not made in the USA (which is most of them). I am sure those are environmental taxes, but how are they calculated, and how should I keep track of them? Should I also be concerned with the taxes on air freight as well?
Good idea: If you start a business talk to a tax accountant.
Bad idea: Ask the internet, especially a place that has nothing to do with taxes, about legal advice.
Holly mackerel batman they have a 10% tax on fishing pools.