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

Those who are considering travel have many options other than the state that would have the highest sales tax rate in the country. —Sun Sentinel Editorial Board, Sun Sentinel, 2 Mar. 2025

Chao added that the city missed out on the chance to acquire $77 millions in sales tax dollars from The Rise last year. —Stephanie Lam, The Mercury News, 28 Feb. 2025

The bonds would be paid back by sales tax revenues from within any new stadiums and surrounding retail development, as well as future sports betting and Kansas Lottery revenues. —Sam McDowell, Kansas City Star, 27 Feb. 2025

Incumbent Mayor Marty Maloney, who is seeking reelection, bragged that property taxes haven’t increased in recent years while sales tax revenue has been rising. —Jesse Wright, Chicago Tribune, 25 Feb. 2025

Word History

First Known Use

1921, in the meaning defined above

Rhymes for sales tax

• almanacs
• carrybacks
• haversacks
• lumberjacks
• maniacs
• microcracks
• minimax
• paperbacks
• parallax
• quarterbacks
• sticklebacks
• telefax

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