answersLogoWhite

0

What are types of sale tax?

User Avatar

Anonymous

10y ago
Updated: 7/4/2022

Sales taxes are either general and selective. It is not to be confused with the two types of taxes in general, which are:

1) Direct Tax

2)Indirect Tax

Direct tax is the tax which is payed directly to the goverment by the people.

And indirect tax is the charge that is collected by intermediary (like retail store) from the individual who holds the actual economic burden of the tax.

User Avatar

Myrtis Lang

Lvl 10
3y ago

What else can I help you with?

Related Questions

What is sales tax and why it is paid?

sale tax is a tax on sale of goods it is levied for the revenue purpose to the state government


What is the sale tax on a suit priced at 150 if the sale tax rate is 5 percent?

The total tax is $7.50 and the total price with tax is $157.50.


Sales tax for auto sale in Minnesota Does the seller charge the tax?

Dealer sale yes. In a private sale the tax is collected when the new owner transfers the title at the DMV.


Is sales tax charged on sale in the course of import?

No Sale tax is not charged for Sale in Course of Import. It is considered as a stock transfer.


What is a tax on the sale or manufacture of a good?

Excise Tax


What is a tax on the sale manufacture of a good?

Excise Tax


Is a tax on a production or sale of good?

Excise tax


What is A tax on a product or sale of a product?

Excise tax


What is a tax on the manufacturer is sale of a good?

Excise Tax


What is penalty when do we not deposit up sale tax challan on due date?

what is penalty on the sale tax challan


What are Tax implication of high sea sale?

In HIGH SEA SALE THERE WILL NO SALES TAX IS CHARGES SINCE THE SALE IS CARRIED OUTSIDE THE TERRITORIAL JURISDICTION OF INDIA THERE WILL NOT BE SALES TAX LEVIED IN INDIA.


What happens if you don't pay property taxes in Chicago?

Under Illinois law, the Treasurer's Office is required to conduct two types of tax sales in which delinquent property taxes are sold. The first is the Annual Tax Sale, held once a year, sometime after the Second Installment. If property taxes for the immediately preceding tax year are delinquent on a parcel, they are offered for sale to tax purchasers at the Annual Tax Sale. The sale may be held any time from the fall of that year to the fall of the following year. The biennial Scavenger Sale (conducted in odd-numbered years), offers taxes on properties that have delinquencies on two or more years that were not purchased at an Annual Tax Sale. In Cook County, the sale has traditionally taken place in the fall or early winter months.