retail sales tax
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sales tax — a tax on receipts from sales, usually added to the selling price by the seller. [1920 25] * * * Levy imposed on the sale of goods and services. A sales tax on the manufacture, purchase, sale, or consumption of a specific commodity is known as an… … Universalium
Sales tax — Cash register receipt showing sales tax … Wikipedia
retail excise tax — See sales tax … Ballentine's law dictionary
sales tax — n: a tax levied on the sale of goods and services that is usu. calculated as a percentage of the purchase price and collected by the seller Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. sales tax … Law dictionary
Sales tax — (s[=a]lz t[a^]ks), n. [Sales + tax.] 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… … The Collaborative International Dictionary of English
Retail Sales — An aggregated measure of the sales of retail goods over a stated time period, typically based on a data sampling that is extrapolated to model an entire country. In the U.S., the retail sales report is a monthly economic indicator compiled and… … Investment dictionary
sales tax — noun a tax based on the cost of the item purchased and collected directly from the buyer (Freq. 1) • Syn: ↑nuisance tax • Hypernyms: ↑excise, ↑excise tax * * * noun : a tax on the privilege or freedom of making sales of tangible personal property … Useful english dictionary
sales tax — A state or local level tax on the retail sale of specified property or services. It is a percentage of the cost of such. Generally, the purchaser pays the tax, but the seller collects it, as an agent for the government. Various taxing… … Black's law dictionary
Sales Tax — A tax imposed by the government at the point of sale on retail goods and services. It is collected by the retailer and passed on to the state. It is based on a percentage of the selling prices of the goods and services and set by the state … Investment dictionary
sales tax — /ˈseɪlz tæks/ (say saylz taks) noun a tax charged as a percentage of the sale price of goods, imposed on the seller of goods in respect of goods sold, but generally passed on to the ultimate consumer in the retail price …
