consumption sales
1Sales taxes in the United States — are a tax added onto the price of goods or services that are purchased in the United States. A sales tax is a tax on consumption, which is displayed as a percentage of the sale price. Sales taxes are assessed by every state except Alaska,… …
2Consumption tax — Taxation An aspect of fiscal policy …
3sales 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… …
4Sales tax — Cash register receipt showing sales tax …
5consumption tax — a tax, as a sales tax, levied on consumer goods or services at the time of sale. [1900 05] * * * Levy such as an excise tax, a sales tax, or a tariff paid directly or indirectly by the consumer. Consumption taxes fall more heavily on lower income …
6consumption tax — See: value added tax * * * consumption tax consumption tax ➔ tax1 * * * consumption tax UK US noun [C or U] ► TAX a tax that is added to the price of goods and services bought by the general public: »Under a consumption tax, those who spend more… …
7Consumption Tax — A tax on the purchase of a good or service. Consumption taxes can take the form of sales taxes, tariffs, excise and other taxes on consumed goods and services. The term can also refer to a taxing system as a whole where people are taxed based on… …
8sales tax — An *indirect tax charged on the sales *prices of goods and services, and collected as *sales are made. See also *consumption tax and *value added tax …
9consumption tax — An *indirect tax charged on a good or a service. The burden of a consumption tax falls on the individual or organization that enjoys the full *worth of a good or service. It is levied at the final stage of the economic process of production,… …
10consumption — A consuming; destruction by use. Revzan v Nutelman, 370 Ill 180, 18 NE2d 219; use of a thing, sometimes, but not necessarily, to the complete extermination of the thing. 47 Am J1st Sales T § 25. The disease of tuberculosis …
