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Return fraud is the act of defrauding a retail store by means of the return process.There are various ways in which this crime is committed. For example, the offender may return stolen merchandise to secure cash, steal receipts or receipt tape to enable a falsified return, or use somebody else's receipt to try to return an item picked up from a store shelf.
In the US, an estimated 8–10% of in-store sales is returned whereas online sales may result in 25–40% returns. In Asia and Europe, less than 5 percent of purchases are returned. [5] US shoppers returned $396 billion worth of purchases in 2018 – brick-and-mortar and online, according to the National Retail Federation (NRF). [6]
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.
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The company, however, would announce the return of its New York City flagship store in spring 2023. [71] Charlotte Russe filed for Chapter 11 bankruptcy protection on February 4, 2019, and announced plans to close 94 stores. It had renegotiated its debts in 2018 and planned on liquidating if it could not be sold by February 17. [72]
The latest year for which private school enrollment data are available is fall 2021, when 4.7 million kindergarten through grade 12 (K–12) students were enrolled in private schools. Private K–12 enrollment was 5 percent higher in fall 2021 than in fall 2011 (4.5 million), but there was no measurable trend in enrollment for the period.
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related to: online coupon codes for overstock returns 10% store free printable formscoupon-us.hoursguide.com has been visited by 1M+ users in the past month
overstock.com has been visited by 100K+ users in the past month