MLchartDataset catalogue

Sales tax

Term · Law · MLC-T-LAW-004383

A consumption tax levied by a government on the sale of goods and services. The tax is typically added to the purchase price at the point of sale and collected by the seller, who then remits it to the taxing authority. Rates and applicability vary significantly by state and local jurisdiction in the United States.

Table 1. Record
IdentifierMLC-T-LAW-004383
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004383",
  "term": "Sales tax",
  "field": "Law",
  "definition": "A consumption tax levied by a government on the sale of goods and services. The tax is typically added to the purchase price at the point of sale and collected by the seller, who then remits it to the taxing authority. Rates and applicability vary significantly by state and local jurisdiction in the United States.",
  "url": "https://mlchart.com/terminology/law/sales-tax/"
}

Record 4,446 of 5,441 in Law terminology (MLC-0107). Request the full dataset.