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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
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
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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 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
Thesaurus: All synonyms and antonyms for sales tax
Britannica.com: Encyclopedia article about sales tax
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