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What kind of tax is paid by consumers when a product is purchased?
Wiki User
∙ 12y ago
consumption
Wiki User
∙ 12y ago
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What type of tax is paid by the consumer when a product is purchased?
The type of tax paid by the consumer when a product is purchased is typically a sales tax. This tax is added to the total cost of the product at the point of sale and collected by the seller on behalf of the government.
Which of these taxes is paid by the consumer when a product is purchased?
consumption
What taxes is paid by the consumer when a product is purchased?
When a consumer purchases a product, they are sometimes required to pay a sales tax. Sales tax is usually collected from a consumer at the point of sale. A sales tax is paid to a governing body for each unit of a product sold or each instance of a service rendered.
What kind of Journal entry for purchased 70000 in equipment paid 20000 cash and remainder will be paid in six months?
debit purchases 70000credit cash 20000credit accounts payable 50000
Synonyms for bought?
Purchased, paid for.
What price will be paid by European consumers?
The price at their local retailer.
Example of Paid-Up Capital?
The amount of money received by shareholders that have paid for the shares they purchased is paid-up capital. An example is the shares a company offers to shareholders that are paid for and not shares that have not been purchased but have been bid on.
Do iPod 4s have to be paid for monthly?
That depends on how you purchased it.
What does purchased cotton mean?
Purchased: bought, paid forCotton: a type of cloth made from plant fibers
3 types of consumer?
the three types of consumers are, herbivores (only eat vegetation), carnivores (only eat meat), and and omnivore (eat both)there are also primary consumers ( herbivores) secondary consumers (animals that eat only herbivores) and tertiary consumers (eats other carnivores)
What is the average overall taxes paid by US citizens remember when a product is bought the taxes of all involved with the product are also paid?
Roughly 100%.
Is social security paid by both business and individual consumers?
yes, nova net. ;)
