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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
Early 2025 The city will hire the transit improvement plan’s chief program officer, according to the mayor's office.
Feb. 1, 2025
The sales tax surcharge of a half cent per dollar will go into effect in Davidson County.
—Evan Mealins, The Tennessean, 22 Dec. 2024
The site is expected to generate 800 jobs and about $2.8 million in net sales tax revenue in its first year, increasing to over $9 million by the 10th year.
—Matthew Geiger, The Denver Post, 21 Dec. 2024
QuickBooks’ higher-tier plans include additional users at no extra cost (vs. FreshBooks charging $11 per additional user), and abilities such as profit and loss reporting, expense tracking and automatic sales tax calculation.
—Andreina Rodriguez, CNBC, 20 Dec. 2024
The local sales tax dollars the city collects could potentially help offset future property tax increases.
—Tom Kilgore, Austin American-Statesman, 19 Dec. 2024
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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 2 Jan. 2025.
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
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