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Complete Definition of "sales tax"

English
Noun
sales tax

  1. 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.

Category:Taxation

pl:sales tax
vi:sales tax

Revision and Credits for"sales tax"
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