sales tax

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

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noun
: a tax on the privilege or freedom of making sales of tangible personal property that is usually measured by a percentage (as 35) of the purchase price, is collected for the government imposing the tax by the seller, and is distinguished from a tax imposed on the property itself

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a tax on receipts from sales, usually added to the selling price by the seller.
[1920-25]

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sales tax noun (esp N American)
A tax levied on retail goods and services
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Main Entry:sale

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sales tax UK US noun [countable/uncountable] [singular sales tax plural sales taxes]
a tax that is added to the basic price of something you buy
Thesaurus: types of tax and taxationhyponym

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sales tax,
a tax based on the amount received for articles sold: »

Her coat cost $50 plus 5% sales tax of $2.50.

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n. a tax on sales or on the receipts from sales

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noun, pl ⋯ taxes [count, noncount]
: a tax that is added to the price of goods and services

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ˈsales tax [sales tax] noun uncountable, countable
(in some countries) the part of the price you pay when you buy sth that goes to the government as tax

Useful english dictionary. 2012.

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Look at other dictionaries:

  • 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

  • sales tax — ☆ sales tax n. a tax on sales, usually levied as a percentage of, and added to, the price paid by the consumer …   English World dictionary

  • sales tax — n [U and C] a tax that you have to pay in addition to the cost of something you are buying →↑VAT …   Dictionary of contemporary English

  • sales tax — sales ,tax noun count or uncount * a tax that is added to the basic price of something you buy …   Usage of the words and phrases in modern English

  • sales tax — sales taxes N VAR The sales tax on things that you buy is the amount of money that you pay to the national government, or, in the United States, to the local or state government …   English dictionary

  • sales tax — sales′ tax n. bus a tax on a purchase, added to the total sale …   From formal English to slang

  • Sales tax — Cash register receipt showing sales tax …   Wikipedia

  • 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 — A percentage tax on the selling price of goods and services. Bloomberg Financial Dictionary * * * sales tax sales tax ➔ tax1 * * * sales tax UK US noun [C or U] COMMERCE, TAX ► in some countries and in some US states, a tax that you pay when you… …   Financial and business terms

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