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In a way, yes. It is a tax imposed in the sales you make and an amount of tax (a percentage of the amount you charge the customer for the item or service) on this has to be paid to the government.
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∙ 10y ago
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Do you have to pay sales tax when purchasing a used car from a private party in atlanta?
NO. But you will pay sales tax when you tag and transfer title. Based on the value of car... not the actual sales price
What is a tax based on the price of goods and paid at the time of purchase?
A tax based on the price of goods and paid at the time of purchase is a sales tax.
What sales tax do you pay for discounted items?
You pay sales tax on the actual amount you pay for the item, not some infalted price the store says they are discounting from.
A tax based on the retail selling or rental price of tangible personal property is called a?
sales tax
How much is the sales tax if the price is 17.00 and the sales tax is 7 percent?
The sales tax adds $1.19 to the price.
Do sales on gmccom include sales tax?
Sales tax will be added to the initial sticker price when purchasing a GMC vehicle from a GMC dealer. The sales tax rate for a GMC vehicle will be based on the customer's state of residence.
Is sales tax on a used vehicle based on fair market value or selling price in Kansas when purchased from an individual?
It is based on the sale price.
Do you tax on the original price or the sales price?
the answer is oringinal tax
Used cars sales tax in New Jersey?
Yes, the purchase of a used vehicle is subject to NJ 7% sales tax, based on the purchase price of the car. The sales tax is paid when the vehicle is registered with NJMVC.
What is Net Selling Price?
The gross sales priceis the price that the customer pays, including sales tax. Thenet sales priceis the price without sales tax.
Is sales tax on a car purchase price or car value?
Sales tax is on the purchase price not the value.
What is sales price if something cost 2.59 and 6 percent sales tax?
The total tax is $0.16 and the total price with tax is $2.75.
