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The sales tax is an indirect tax, because it is collected by the seller and then paid to the government.
(The labeling of the sales tax as "regressive" means that it is seen to unfairly impact the lowest economic groups through their purchase of necessities. Many states and cities exempt food and/or prescription drugs from some sales taxes.)
Wiki User
∙ 14y ago
Madison
regressive (A+)
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Which type of tax is calculated on per item basis?
An excise tax or sales tax is calculated on a per-item basis
Which of these is not considered a direct tax?
sales tax
The amount of what type of tax is determined through the use of a mill levy?
The amount of property tax is determined through the use of a mill levy.
What does duty mean?
I'm assuming this is in reference to the 'duty' in the "Duty-Free" shops you find in airports. In that case, duty is the import tax that the retailer usually pays to import the item from wherever it may come from. This is different from sales tax, which is implicated in the store, and thus is collected by the state in which the item is being sold. Duty is implicated in the state or country in which the item was imported from. Therefore, when an item is "Duty and Tax Free" This means that the retailer did not pay import tax, and you will not have to pay sales tax, making the item much cheaper than it usually would be.
What is sales policy?
sales policy means nothing but its one of the part of sales.
Sales tax on gasoline is what kind of tax?
a sales tax on gasoline is an example of what type of tax
What type of tax is the sales tax?
A sales tax is a consumption tax, usually paid by the consumer at the point of purchase. For A+ answer is regressive
Is there a sales tax on a service?
Is there a sales tax on a service such as alterations on clothing? If any, what type of tax do you pay to the gov't?
What is a sales TO?
A sales TO is a type of tax that is paid to the government for the sale of certain services or products. This type of tax is collected by the seller from the purchaser.
What type of tax a sales tax on foods items?
indirect!
What type of tax is sales tax on gasoline an example of?
selective
9 percent tax on a sales is an example of what type of tax?
excise tax
Which of these describes a use tax?
type of sales tax imposed on goods purchased from another state A+
A sales tax on food items is what type of tax?
indirect tax
What is the maximum sales tax on a used car in Illinois?
explain type of tax
What type of tax generates the most revenue for the US government?
Sales tax
What type of account is sales tax payable?
Liability
