- *indirect tax charged on the sales *prices of goods and services, and collected as *sales are made. See also *consumption tax and *value added tax.
Auditor's dictionary. 2014.
Look at other dictionaries:
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 — (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… … The Collaborative International Dictionary of English
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