Sales Tax Definition Government Quizlet

Sales Tax Definition Government Quizlet - Cashassistancegatewaygagov Client Idpodcast Personal Sales tax, levy imposed upon the sale of goods and services. Sales taxes are commonly classified according to the level of business activity at which they are imposedโ€”at. A general tax on the transacting of goods or services paid at the time of the transaction is a sales tax. Study with quizlet and memorize flashcards containing terms like gross annual income, income tax,. Study with quizlet and memorize flashcards containing terms like sales tax, sales tax rate, percent increase and more. Sales tax is a source of revenue for governments at various levels. It helps fund public services and infrastructure, including schools, healthcare, transportation, and more. A sales tax for the sale of certain goods and services is collected by the seller from the consumer and paid to the government. Sales tax is used by the government to pay for public services.

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Sales Tax Definition Government Quizlet