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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 else can I help you with?
What phrase best describes the basis of income tax?
Which phrase best describes the basis of seals taxes
Can counties collect local sales tax in place of state sales taxes?
It would depend on your state law. But in most places, counties collect sales taxes in addition to state sales taxes.
Do you pay sales taxes on private sales?
there's no answer
What Conservatives tend to favor over income taxes?
sales taxes
What is the real estate sales tax in Stevens county WA?
Real estate taxes and sales taxes are two different forms of taxation.
What phrase describe the basis of income taxes?
Which phrase best describes the basis of seals taxes
What phrase best describes the basis of income tax?
Which phrase best describes the basis of seals taxes
Is commission paid on net sales or net profit?
It's not typical in any industry that pays commission. To be clear, there is a different between gross profit and gross sales. Either way, paying commission on either is not the standard.Gross profit and gross sales implies a number beforing taking out sales taxes that a company must pay.Typically, commission is paid on net profit or net sales because the "sales person" because the company has to pay the taxes and the sales person had no bearing on these taxes.Look at it this way. When tipping (which is really like paying commission) a waiter/waitress, you should tip on the amount before taxes are added not after. Taxes are a product of the state laws, etc, not the business charging the taxes. The waiter has noting to do with something the state charges.
Can counties collect local sales taxes in place of state sales taxes?
It would depend on your state law. But in most places, counties collect sales taxes in addition to state sales taxes.
Which term describes Consumers pay these taxes whenever most purchases are made?
The term that describes taxes consumers pay on most purchases is "sales tax." Sales tax is a consumption tax imposed by the government 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 then remitted to the government.
Can counties collect local sales tax in place of state sales taxes?
It would depend on your state law. But in most places, counties collect sales taxes in addition to state sales taxes.
Do you pay sales taxes on private sales?
there's no answer
How much is the sales taxes on 265.65 in the state of Illinois?
How much sales taxes do I have to pay on $265.65
Are more taxes taken out weekly or biweekly?
More taxes are typically taken out of a paycheck on a weekly basis compared to a biweekly basis.
Do police officers have to pay taxes?
Yes. They pay income taxes and property taxes and sales taxes.
Can you add property taxes to the cost basis of a property?
No, property taxes cannot be added to the cost basis of a property. The cost basis typically includes the original purchase price of the property and certain expenses related to the purchase, but property taxes are not considered part of the cost basis.
What Conservatives tend to favor over income taxes?
sales taxes
