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
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.
Buena Park voters are supporting the city’s request to add a 1 cent sales tax to generate more local revenue by 74%. Heather McRea, Orange County Register, 6 Nov. 2024 Proposition 490, a sales tax measure, received a commanding majority of 'yes' votes in the early tallies. Sam Kmack, The Arizona Republic, 5 Nov. 2024 The Tax Foundation includes five major taxes in its index: corporate tax, individual income tax, sales tax, property tax, and unemployment insurance tax. Adam A. Millsap, Forbes, 5 Nov. 2024 South Dakota lowered its general sales tax last year from 4.5 percent to 4.2 percent, and the new initiative would eliminate taxes on most food items, excluding alcohol and prepared meals. Thomas G. Moukawsher, Newsweek, 5 Nov. 2024 See all Example Sentences for sales tax 

Word History

First Known Use

1921, in the meaning defined above

Time Traveler
The first known use of sales tax was in 1921

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 21 Nov. 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

Last Updated: - Updated example sentences
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