answersLogoWhite

0

What type of tax is a sale tax?

Updated: 8/17/2019
User Avatar

Wiki User

11y ago

Best Answer

Citizens of a country are charged certain levies indirectly, commonly known as indirect taxes. These are the taxes payable on an activity or a commodity. Some common examples of indirect taxes are sales tax and excise tax.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What type of tax is a sale tax?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What type of tax is levied on goods bought in a store?

sale taxes


What type of tax is levied on a goods in a store?

sale taxes


What is a sales TO?

A sales TO is a type of tax that is paid to the government for the sale of certain services or products. This type of tax is collected by the seller from the purchaser.


What type of tax levied on goods bought in a store?

sale taxes


What is sales tax and why it is paid?

sale tax is a tax on sale of goods it is levied for the revenue purpose to the state government


What is the sale tax on a suit priced at 150 if the sale tax rate is 5 percent?

The total tax is $7.50 and the total price with tax is $157.50.


Sales tax for auto sale in Minnesota Does the seller charge the tax?

Dealer sale yes. In a private sale the tax is collected when the new owner transfers the title at the DMV.


Is sales tax charged on sale in the course of import?

No Sale tax is not charged for Sale in Course of Import. It is considered as a stock transfer.


Difference between tax invoices and commercial invoices?

Commercial Invoice: The seller's bill of sale for the goods sold, specifying type of goods, quantity and price of each type and terms of sale. Tax Invoice: A document issued by a supplier which stipulates the amount charged for goods or services as well as the amount of Goods and Services on which tax payable.


What type of tax exemption do savings bonds have?

The interest earned on savings bonds is exempt from all state and local income tax and is deferred for federal income tax until sale or maturity.


What is a tax on the sale or manufacture of a good?

Excise Tax


What is a tax on the sale manufacture of a good?

Excise Tax