sales tax

noun

: 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 Last year, the City Council considered three possible new sources of revenue: increasing its sales tax by 1 percent, legalizing and taxing cannabis sales, or raising the transient occupancy tax, often called TOT, paid by hotel guests. Phil Diehl, San Diego Union-Tribune, 26 May 2024 The new tax – an 11% levy on each sale – will come on top of federal excise taxes of 10% or 11% for firearms and California’s 6% sales tax. Topher L. McDougal, The Conversation, 20 May 2024 Charlotte has long hoped to get a sales tax increase referendum on the ballot to pay for transportation needs, but that requires legislative approval, and the city has so far failed to gain traction in Raleigh. Mary Ramsey, Charlotte Observer, 20 May 2024 In exchange for slashing child poverty, legislators agreed to a $450 million income tax cut this year, plus the potential for additional reductions, and even a sales tax decrease, in future years, depending on the size of the surplus. Nick Coltrain, The Denver Post, 10 May 2024 See all Example Sentences for sales tax 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'sales tax.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1921, in the meaning defined above

Time Traveler
The first known use of sales tax was in 1921

Dictionary Entries Near sales tax

Cite this Entry

“Sales tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/sales%20tax. Accessed 7 Jun. 2024.

Kids Definition

sales tax

noun
: a tax paid on the purchase of goods and services and collected by the seller

Legal Definition

sales tax

noun
: 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

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