sales tax

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sales tax
tax imposed on the sale of goods and services


Wikipedia English The Free EncyclopediaDownload this dictionary
Sales tax
A sales tax is a consumption tax charged at the point of purchase for certain goods and services. The tax is usually set as a percentage by the government charging the tax. There is usually a list of exemptions. The tax can be included in the price (tax-inclusive) or added at the point of sale (tax-exclusive).
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WordNet 2.0 DictionaryDownload this dictionary
sales tax
Noun
1. a tax based on the cost of the item purchased and collected directly from the buyer
(synonym) nuisance tax
(hypernym) excise, excise tax


Campbell R. Harvey's Hypertextual Finance DictionaryDownload this dictionary
Sales tax
A percentage tax on the selling price of goods and services.
Raynet Business | Marketing DictionaryDownload this dictionary
Sales Tax
a tax levied (VAT, customs and excise) on the retail price of an item, collected by the retailer.

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