Sales Tax: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Updated entry. Source ACT Glossary of terms)
imported>Doug Williamson
(Mend link.)
 
(2 intermediate revisions by the same user not shown)
Line 1: Line 1:
''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.




== See also ==
== See also ==
* [[Income Tax]]
* [[Income Tax]]
* [[VAT]]
* [[Indirect tax]]
* [[Indirect tax]]
* [[Tax]]
* [[Tax]]
* [[TVA]]
* [[TVA]]
* [[Value Added Tax]]


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

Latest 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