Economy, asked by shreya109, 1 year ago

what is sales tax ?? explain briefly in simple language .

Answers

Answered by HarnoorKaur02
3
A sales tax is a consumption tax imposed by the government on the sale of goods and services. A conventional sales tax is levied at the point of sale , collected by the retailer and passed on to the government. A business is liable for sales taxes in a given jurisdiction if it has a nexus there, which can be a brick and mortar location, an employee, an affiliate, or some other presence, depending on the laws in that jurisdiction. 

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Answered by katrina4
2
Geya
a tax on sale or on the receipts from sales
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