sales tax

Definition

A tax levied by a state or city on the retail price of an item, collected by the retailer.

Use sales tax in a sentence

Tax season is so stressful, for most people, although I am very grateful that this new software keeps track of my sales tax.

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Because he forgot about sales tax on his recent purchase of new office chairs, when he received the invoice it was 8% higher than John originally expected.

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Some states in the US do not have a sales tax and many people go there specifically to shop and pay lower prices than they would in states with a sales tax.

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tax wedge direct tax