What does sales tax mean?

Looking for the meaning or definition of the word sales tax? Here's what it means.

Noun 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. Find more words! 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What was a luxury turned out to be a necessity at one stage, thanks to the slash in sales tax, customs duty and tariff. Departing from his predecessor's frugality, he provided lavish games for the Romans to enjoy, and abolished the sales tax. A tax court fined the paper 57 million tenges for not paying sales tax for two years. This shows in the high levels of excise duty, sales tax and octroi levied on paints by central, state and local governments. By chance, Tulsa had capital sales tax funds that were unallocated at the time of the flood. See Also What is another word for sales tax? Sentences with the word sales tax Words that rhyme with sales tax What is the plural of sales tax? Nearby Definitions sales slips sales slip salesrooms salesroom sales reps sales representatives sales taxes sales team sales teams saleswise saleswoman saleswomanship