-
- To save this word, you'll need to log in.
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
Inflation does increase sales tax revenue, something most states experienced in the past few years, and New York especially should be using this extra revenue as an opportunity to reform rather than giving it away as a one-time benefit.
—The Editors, National Review, 12 Dec. 2024
The street redesign is projected to boost the area’s property and sales tax revenue in a key corridor for the city, according to a release.
—Josephine Stratman, New York Daily News, 9 Dec. 2024
The $3 billion program would be funded by surplus sales tax revenues, largely driven by inflation's impact on consumer prices.
—Paul Du Quenoy, Newsweek, 9 Dec. 2024
The government imposes a 10% general sales tax on new residential properties.
—Kathleen Peddicord, Forbes, 3 Dec. 2024
See all Example Sentences for sales tax
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Word History
First Known Use
1921, in the meaning defined above
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 25 Dec. 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
Thesaurus: All synonyms and antonyms for sales tax
Britannica.com: Encyclopedia article about sales tax
Love words? Need even more definitions?
Merriam-Webster unabridged
Share