sale tax in PROCTOR sale tax PROCTOR

sale tax in PROCTOR

sale tax PROCTOR

sale tax in PROCTOR.It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government.
Many oppose the tax as being regressive, i.
As of 1999, 45 states, the district of columbia, a number of cities and counties, and many foreign countries levied sales taxes.
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Levy imposed on the sale of goods and services.
A sales tax on the manufacture, purchase, sale, or consumption of a specific commodity is known as an excise tax.
Though excise taxes have been used since ancient times, the general sales tax is a comparatively recent innovation.
They account for significant portions of the revenue of most u.
States and canadian provinces.
A variation of the sales tax, the , became popular in western european countries and is widely used.
Most sales taxes are borne by the consumer, since even where they are levied on production or wholesale goods, part or all of the cost is shifted to the consumer in the form of higher prices.
Because the retail sales tax is considered a , essential goods such as food, clothing, or drugs are sometimes exempted or taxed at a lower level.