Definitions for sales tax
sales tax

Princeton's WordNetRate this definition:0.0 / 0 votes

1. sales tax, nuisance taxnoun

   a tax based on the cost of the item purchased and collected directly from the buyer

GCIDERate this definition:0.0 / 0 votes

1. Sales taxnoun

   a tax imposed upon the retail sale of goods or the sale of services, usually collected by the seller at the time of purchase; -- it is typically calculated as a percentage of the price of the object sold, being commonly from 3% to 7% of the base price.

WiktionaryRate this definition:0.0 / 0 votes

1. sales taxnoun

   A local or state tax imposed as a percentage of the selling price of goods or services payable by the customer. The tax is not recognized as the seller's earnings; the seller only collects the tax and transmits the same to local or state authorities.

WikipediaRate this definition:0.0 / 0 votes

1. Sales tax

   A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption of certain goods or services from sales and use tax, such as food, education, and medicines. A value-added tax (VAT) collected on goods and services is related to a sales tax. See Comparison with sales tax for key differences.

ChatGPTRate this definition:0.0 / 0 votes

1. sales tax

   Sales tax is a government-imposed charge on the sale of goods and services, usually a percentage of the price paid by the buyer to the seller. It is collected by the merchant at the point of sale and later paid to the government. The rate of sales tax can vary depending on the region and the type of goods or services sold.

WikidataRate this definition:1.0 / 1 vote

1. Sales tax

   A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. Laws may allow sellers to itemize the tax separately from the price of the goods or services, or require it to be included in the price. The tax amount is usually calculated by applying a percentage rate to the taxable price of a sale. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption of certain goods or services from sales and use tax.

Matched Categories

1. • Excise

How to pronounce sales tax?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say sales tax in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of sales tax in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of sales tax in Pythagorean Numerology is: 2

Examples of sales tax in a Sentence

1. Takeshi Fujimaki:

   When you have such a big load of debt, you have two choices - raising taxes sharply or creating inflation. The fact that (Abe) delayed a sales tax hike means he took the second route, creating inflation.

2. Joe Ceci:

   We don't think the economy and Albertans can weather that (a sales tax) at this point in time.

3. Kurt Daims:

   Many teens have part-time jobs. They pay sales tax like everyone else. Yet they have no representation in government.

4. Taro Saito:

   Even without the virus, Japan's economy was very weak due to the hit from last year's sales tax hike. The pandemic has completely destroyed any chance of a recovery, the economy may rebound somewhat in July-September but won't return to pre-coronavirus levels for the rest of this year.

5. Masaki Kuwahara:

   As long as domestic demand holds firm the sales tax will increase as planned, although you cannot completely rule out the possibility of further delay.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=sales tax
2. ^ GCIDE
   https://gcide.gnu.org.ua/?q=sales tax
3. ^ Wiktionary
   https://en.wiktionary.org/wiki/Sales_Tax
4. ^ Wikipedia
   https://en.wikipedia.org/wiki/Sales_Tax
5. ^ ChatGPT
   https://chat.openai.com
6. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=sales tax