Sales tax

Sales tax
Sales tax Sales" tax (s[=a]lz"t[a^]ks), n. [Sales + tax.] 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}. [PJC]

The Collaborative International Dictionary of English. 2000.

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  • sales tax — n: a tax levied on the sale of goods and services that is usu. calculated as a percentage of the purchase price and collected by the seller Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. sales tax …   Law dictionary

  • sales tax — ☆ sales tax n. a tax on sales, usually levied as a percentage of, and added to, the price paid by the consumer …   English World dictionary

  • sales tax — n [U and C] a tax that you have to pay in addition to the cost of something you are buying →↑VAT …   Dictionary of contemporary English

  • sales tax — sales ,tax noun count or uncount * a tax that is added to the basic price of something you buy …   Usage of the words and phrases in modern English

  • sales tax — sales taxes N VAR The sales tax on things that you buy is the amount of money that you pay to the national government, or, in the United States, to the local or state government …   English dictionary

  • sales tax — sales′ tax n. bus a tax on a purchase, added to the total sale …   From formal English to slang

  • Sales tax — Cash register receipt showing sales tax …   Wikipedia

  • sales tax — a tax on receipts from sales, usually added to the selling price by the seller. [1920 25] * * * Levy imposed on the sale of goods and services. A sales tax on the manufacture, purchase, sale, or consumption of a specific commodity is known as an… …   Universalium

  • sales tax — noun a tax based on the cost of the item purchased and collected directly from the buyer (Freq. 1) • Syn: ↑nuisance tax • Hypernyms: ↑excise, ↑excise tax * * * noun : a tax on the privilege or freedom of making sales of tangible personal property …   Useful english dictionary

  • sales tax — A percentage tax on the selling price of goods and services. Bloomberg Financial Dictionary * * * sales tax sales tax ➔ tax1 * * * sales tax UK US noun [C or U] COMMERCE, TAX ► in some countries and in some US states, a tax that you pay when you… …   Financial and business terms

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