sales tax

noun

Definition of sales tax

: a tax levied on the sale of goods and services that is usually calculated as a percentage of the purchase price and collected by the seller

Examples of sales tax in a Sentence

Recent Examples on the Web Each payment is equal to 30% of the sales tax revenue generated to the city by the project. Noel Oman, Arkansas Online, 5 May 2022 The remaining 20 percent will be paid for by Metro RTA’s local funds, which are funded by Summit County sales tax. Megan Becka, cleveland, 29 Mar. 2022 The legislation also expanded the use of the 1-cent county sales tax to help districts pay for school safety improvements, school resource officers or mental health professionals. Karen Ann Cullotta, chicagotribune.com, 16 Dec. 2021 Smith said the streetcar needs two things to expand: more grant funding and an extension on the county transportation sales tax. Joshua Bowling, The Arizona Republic, 14 Dec. 2021 The total sales taxes, which include a 1.25% county sales tax, were more than $1 million above budget, according to City Administrator Carl Geffken. From Usa Today Network And Wire Reports, USA TODAY, 19 May 2021 Barrett drew a line from the cuts directly to the stagnant shared revenue coming back to the city from the state and the inability to raise the county sales tax, saying this dearth of funding is impacting services. Alison Dirr, Milwaukee Journal Sentinel, 22 Sep. 2020 When the 2021-22 budget was proposed last April, the county had seen a $735-million drop in sales tax revenue. Christian Martinezstaff Writer, Los Angeles Times, 18 Apr. 2022 Virginia has offered the Washington Commanders $1 billion plus a cut of sales tax revenue. Tom Krasovic, San Diego Union-Tribune, 12 Apr. 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'sales tax.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of sales tax

1921, in the meaning defined above

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Time Traveler for sales tax

Time Traveler

The first known use of sales tax was in 1921

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Dictionary Entries Near sales tax

sales talk

sales tax

saleswoman

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Statistics for sales tax

Last Updated

12 May 2022

Cite this Entry

“Sales tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/sales%20tax. Accessed 22 May. 2022.

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More Definitions for sales tax

sales tax

noun

Kids Definition of sales tax

: a tax paid by the buyer on goods bought

sales tax

noun

Legal Definition of sales tax

: a tax levied on the sale of goods and services that is usually calculated as a percentage of the purchase price and collected by the seller

More from Merriam-Webster on sales tax

Thesaurus: All synonyms and antonyms for sales tax

Britannica.com: Encyclopedia article about sales tax

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