Sales tax

Financial News Glossary: Sales tax

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Sales tax

A sales tax is a tax imposed by state and local governments on transactions that occur within their jurisdictions.

The taxing authority determines which transactions are subject to tax and the flat rate at which the tax is calculated. Some countries, though not the United States, impose a national sales tax often called a value added tax (VAT).

Financial News: sales-tax

Article
Business Highlights
12/7/09 6:15PM
Article
Generic drugmaker Dr. Reddy's Laboratories expanding in Shreveport, La., with 73 new jobs
12/7/09 6:02PM
Article
Gov. Gibbons briefs lawmakers on Nev. budget woes; news conference set Tuesday
12/7/09 5:09PM
Article
Indiana House committee considers constitutional property tax caps; vote may come next week
12/7/09 3:44PM
Article
Bernanke says it's too soon to know if recovery will last, vows to keep rates at record lows
12/7/09 12:39PM
Article
University of Colorado economists forecast fewer job losses for the state in 2010
12/7/09 11:54AM
Article
Lasting fix to state's road funding continues to elude West Virginia lawmakers
12/7/09 11:40AM
Article
UK government likely to hit high earners with taxes as it prepares for general election
12/7/09 10:31AM
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