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 Legislators also overrode his vetoes of taxes to help pay for it, including a new tax on digital advertising, an extension of the sales tax to digital downloads such as books and movies, and an increase in taxes on tobacco and nicotine products. Bryn Stole, baltimoresun.com, "Key legislation approved by the Maryland General Assembly," 13 Apr. 2021 New York will set a 9 percent sales tax on cannabis plus an additional 4 percent county and local tax and another tax based on the level of THC, the active ingredient in marijuana. BostonGlobe.com, "New York legalizes recreational marijuana," 31 Mar. 2021 The taxes are considerable: a 9% statewide sales tax, an additional 4% county and local tax and another tax based on the level of THC, marijuana's active ingredient. Marina Villeneuve And Jennifer Peltz, Star Tribune, "New York is latest state to legalize recreational marijuana," 31 Mar. 2021 New York will set a 9 percent sales tax on cannabis plus an additional 4% county and local tax and another tax based on the level of THC, the active ingredient in marijuana. NBC News, "New York is latest state to legalize recreational marijuana," 31 Mar. 2021 New York would set a 9% sales tax on cannabis, plus an additional 4% tax split between the county and local government. Time, "New York Lawmakers Agree to Legalize Recreational Marijuana," 28 Mar. 2021 Another restaurant friendly recommendation the group supported was a short-term sales tax holiday on food and drinks sold in restaurants. Christine Sexton, sun-sentinel.com, "Give businesses immunity from COVID lawsuits, task force tells Florida legislators in 2021 wish list," 2 Dec. 2020 Another restaurant friendly recommendation the group supported was a short-term sales tax holiday on food and drinks sold in restaurants. Christine Sexton, orlandosentinel.com, "Florida businesses ask Legislature for tax cuts, immunity from COVID-19 lawsuits," 1 Dec. 2020 Lawmakers passed the two-day sales tax holiday legislation by Republican House Speaker Clay Schexnayder last month, and Gov. John Bel Edwards agreed. From Usa Today Network And Wire Reports, USA TODAY, "Mobile morgues, garage overflow, copper bottle con: News from around our 50 states," 20 Nov. 2020

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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Statistics for sales tax

Last Updated

18 Apr 2021

Cite this Entry

“Sales tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/sales%20tax. Accessed 20 Apr. 2021.

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More Definitions for sales tax

sales tax

noun

English Language Learners Definition of sales tax

: a tax that is added to the price of goods and services

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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