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What phrase best describes the basis of sales taxes?
The phrase that best describes the basis of sales taxes is "consumption-based taxation." Sales taxes are levied on the purchase of goods and services, meaning they are applied at the point of sale and are ultimately paid by the consumer. This system aims to generate revenue for governments based on consumer spending rather than income or property ownership.
What is a Sales slip that is marked paid?
a sales silp that is marked paid a sales silp that is marked paid a sales silp that is marked paid
Are Omympic swimmres paid?
They do get paid. How much they get paid vary from swimmer to swimmer. Most of their earnings are earned through media and advertisement.
What amount is paid to the employee as a percentage of sales?
The amount paid to an employee as a percentage of sales typically refers to a commission structure, where the employee earns a specific percentage of the total sales they generate. This percentage can vary widely based on the industry, the employee's role, and the company's compensation policy. For example, a salesperson might earn a commission ranging from 5% to 20% of their sales, incentivizing them to increase sales volume. Ultimately, the exact percentage is determined by the employer's compensation strategy.
Highest paid car sales?
Maria Pho's Answer Toyota Corolla Previous Answer; The one who listen's the best.
What are some things a company can do to get their sales to show improvement?
One thing a company could do to get their sales to show improvement is to improve their product. The company could also try promoting their product through paid advertisement or word of mouth. They could also try lowering the price of their product and seeing if that does anything.
What are on account sales?
Sales transacted for which we have not yet been paid.
What tax is paid by businesses only?
sales tax sales tax!
What best describes the basis of sales tax?
Sales tax is a consumption tax levied on the sale of goods and services, typically calculated as a percentage of the purchase price. It is collected by retailers at the point of sale and remitted to the government. The basis of sales tax is the final sale price paid by the consumer, excluding certain exemptions like food or medicine, depending on the jurisdiction. This tax is used to generate revenue for local, state, and sometimes federal governments.
Is commission paid on gross or net sales?
it depends what you negotiated with your employer in your contract. typically, gross sales is your total sale, and net sales would be your employer's "cut" of the sale. Ex. if you get 10% of a $10,000 sale (gross), you would take home $1000. if you get 10% of your employer's cut (net) on the same sale, you would take home $250. obviously, it is much better to be paid on gross sales than net sales - always negotiate in YOUR best interest. i work in the medical sales industry, and we are all paid on gross sales - but we negotiated for this. hope it helps!
Is sales tax paid on an auto when it is sold person to person?
Yes it is. Sales tax is paid when you transfer the vehicle ownership.
Which is the highest paid industry for sales?
According to experts, the highest paid industry for sales is the financial market such as securities and commodities sales. The average annual earnings for financial services sales agents are $98,810.
