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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
Remember, tariff is another word for tax–a sales tax, to be precise.
—Steve Forbes, Forbes, 14 Jan. 2025
In September, the City Council approved creating a sales tax revenue (STAR) bond district to support the development of entertainment and tourism attractions, like the one slotted for the Olathe Gateway.
—Taylor O’Connor, Kansas City Star, 13 Jan. 2025
There are nine months until the November elections — the next chance to put forth a referendum asking Mecklenburg County to vote for a 1-cent transit sales tax that could generate billions to fund ambitious transit plans, from rail to road improvements.
—Alexandria Sands, Axios, 13 Jan. 2025
Another city entity that generally relies on sales tax revenues to pay off debt also is expected to issue bonds for the project.
—A.d. Quig, Chicago Tribune, 6 Jan. 2025
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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 22 Jan. 2025.
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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