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Sales tax |
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Sales taxIn the US, a state or local government tax levied on goods and services. The amount of tax is based on a percentage of the selling price. An item costing $100 and a sales tax of 5% will cost in total $105.Sales taxA percentage tax on the selling price of goods and services.Sales tax Similar MatchesSales ContractSales ContractContract between a seller and buyer for the sale of goods, services, or both. Conditional sales contractsConditional sales contractsSimilar to equipment trust certificates, except that the lender is either the equipment manufacturer or a bank or finance company to which the manufacturer has sold the conditional sales contract. Foreign Sales CorporationForeign Sales CorporationRefers to a provision of the U.S. tax code that grants income-tax rebates to American exporters if they form what may be a largely artificial foreign subsidiary called an FSC. This has been the subject of a trade dispute with the EU which complained to the WTO that this constitutes an illegal export subsidy. Sales loadSales loadSee: Sales charge Sales chargeSales chargeThe fee charged by a mutual fund at purchase of shares, usually payable as a commission to a marketing agent, such as a financial adviser, who is thus compensated for assistance to a purchaser. It represents the difference, if any, between the share purchase price and the share net asset value. Further SuggestionsInterstate Land Salessales ledger Gross sales cost of sales Domestic International Sales Corporation sales charge Return on sales Group sales price to sales ratio Contingent deferred sales charge (CDSC) Net sales transaction Foreign Sales Corporation (FSC) wash sales Days sales outstanding Sales literature Domestic International Sales Corporation (DISC) Conditional Sales Contract Net sales Trailing sales Price sales ratio |
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