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A sales tax is a consumption tax imposed by the government on the sale of goods and services. It is typically calculated as a percentage of the purchase price and is collected by the retailer at the point of sale. The revenue generated from sales tax is used to fund public services and infrastructure. Sales tax rates can vary by jurisdiction and may differ for specific categories of goods or services.
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Sales tax on gasoline is what kind of tax?
a sales tax on gasoline is an example of what type of tax
What type of tax is the sales tax?
A sales tax is a consumption tax, usually paid by the consumer at the point of purchase. For A+ answer is regressive
Is there a sales tax on a service?
Is there a sales tax on a service such as alterations on clothing? If any, what type of tax do you pay to the gov't?
What type of tax is sales tax on gasoline an example of?
selective
Which of these describes a use tax?
type of sales tax imposed on goods purchased from another state A+
Sales tax on gasoline is what kind of tax?
a sales tax on gasoline is an example of what type of tax
What type of tax is the sales tax?
A sales tax is a consumption tax, usually paid by the consumer at the point of purchase. For A+ answer is regressive
Is there a sales tax on a service?
Is there a sales tax on a service such as alterations on clothing? If any, what type of tax do you pay to the gov't?
What is a sales TO?
A sales TO is a type of tax that is paid to the government for the sale of certain services or products. This type of tax is collected by the seller from the purchaser.
What type of tax is sales tax on gasoline an example of?
selective
What type of tax a sales tax on foods items?
indirect!
9 percent tax on a sales is an example of what type of tax?
excise tax
Which of these describes a use tax?
type of sales tax imposed on goods purchased from another state A+
A sales tax on food items is what type of tax?
indirect tax
What type of tax generates the most revenue for the US government?
Sales tax
What is the maximum sales tax on a used car in Illinois?
explain type of tax
What type of account is sales tax payable?
Liability
