Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. A tax levied on the retail price of merchandise and collected by the retailer.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A local or state tax imposed as a percentage of the selling price of goods or services payable by the customer. The tax is not recognized as the seller's earnings; the seller only collects the tax and transmits the same to local or state authorities.

from the GNU version of the Collaborative International Dictionary of English

  • n. a tax imposed upon the retail sale of goods or the sale of services, usually collected by the seller at the time of purchase; -- it is typically calculated as a percentage of the price of the object sold, being commonly from 3% to 7% of the base price.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. a tax based on the cost of the item purchased and collected directly from the buyer

Etymologies

Sorry, no etymologies found.

Examples

  • You can get any WARNER BOOKS title in print Simply send title and retail price, plus 50c per order and 50c per copy to cover mailing and handling costs for each book desired New York State and California residents add applicable sales tax Enclose check or money order only, no cash please to WARNER BOOKS.

    Lonesome Road

  • The business percentage of your sales tax can be added to the cost of the car and depreciated if you choose the actual-expense method for your deduction.

    MORE WEALTH WITHOUT RISK

  • State sales tax and registration fees can be stunning on a highline rig.

    The RVer’s Bible

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.