Sales Tax: Difference between revisions

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imported>Doug Williamson
(Links ordering.)
imported>Doug Williamson
(Update definition. Source - Wikipedia - https://en.wikipedia.org/wiki/Value-added_tax)
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''Tax and treasury.''
''Tax and treasury - indirect tax.''


Tax charged on the value of goods and services bought and sold, rather than on net income or profits.
A tax collected by retailers - and remitted to the tax authorities - based on the retail sale price charged to final customers.
 
For example, VAT.




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* [[Tax]]
* [[Tax]]
* [[TVA]]
* [[TVA]]
* [[VAT]]
* [[Value added tax]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]

Revision as of 02:39, 15 July 2021

Tax and treasury - indirect tax.

A tax collected by retailers - and remitted to the tax authorities - based on the retail sale price charged to final customers.


See also