2007-01-26 16:10:46 · 13 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes
A "sales tax" is an amount (commonly calculated by a per-centage) of value for the sale of an item that is levvied by the Government. Depending upon your locale (state boundary) the sales taxation rate is different.
Yes...... taxation has been "a hot point" in many municipalities because they feel that UNCLE SAM has no say-so as to how the finances are handled, but in end, according to the Constitution, THE GOVERNMENT has complete authority determining how monies are exchanged.
2007-01-26 16:21:45 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Sale tax is type of indirect Tax
The Tax which is directly collected from customer
Producer pay sales tax on the selling of the Products & lastly this tax added in products price so this tax paid by customer
2007-01-26 16:31:04 · answer #2 · answered by Ketan P 2 · 0⤊ 1⤋
A sales tax is a tax on the purchase of goods and services. Each state is different in what they may or may not tax. But most exempt food purchased from grocery stores that is not ready to eat.
2007-01-26 16:17:20 · answer #3 · answered by michael45672007 3 · 0⤊ 1⤋
Out of state sales are not taxed because legally you are supposed to pay tax in your home state. If you buy merchandise from an in state merchant they will charge sales tax.
2016-05-24 04:22:41 · answer #4 · answered by Grace 4 · 0⤊ 0⤋
A sales tax is a state or locality imposed percentage tax on the selling or renting of certain property or services.
2007-01-26 16:15:03 · answer #5 · answered by LSG 2 · 0⤊ 1⤋
Tax that the goverment gets from us buyers. You will see it when you get your recipt. Most places have 2 different kinds like wal-mart. You have the state tax and the city tax I think. It makes the purchase more then what it is and I think it's wrong. Best way I can explain it. Someone else might beable to explain it better.
2007-01-26 16:15:53 · answer #6 · answered by Irish Girl 5 · 0⤊ 1⤋
sale tax is nothing but collecting tax ie certain amount by selling a product in a define method by govt.
2007-01-26 16:25:03 · answer #7 · answered by shuvadip d 3 · 0⤊ 1⤋
sales tax has already been replaced by VAT.
Click on the link below for all about VAT
http://allindiantaxes.com/vat.php
2007-01-27 04:39:41 · answer #8 · answered by Anonymous · 0⤊ 0⤋
A levy on a vendor's sale by an authorized level of government.
2007-01-26 16:14:47 · answer #9 · answered by scraps 2 · 0⤊ 0⤋
the tax on any purchase you make it varies state to stae or even city to city in some cases here in ks it is 5.9% but in wichita it is 7% cause were building an arena
2007-01-26 16:14:44 · answer #10 · answered by skytzo ! 3 · 0⤊ 1⤋