What type of tax is a sales tax answers com
Asked by admin @ in Mathematics viewed by 287 People
What type of tax are sales tax and excise tax?
Asked by admin @ in Mathematics viewed by 287 People
What type of tax are sales tax and excise tax?
Answered by admin @
Answer:
Sales tax applies to almost anything you purchase while excise tax only applies to specific goods and services.
Sales tax is typically applied as a percentage of the sales price while excise tax is usually applied at a per unit rate.
An excise tax is an indirect tax that is not paid by the customers directly — instead, the excise tax is imposed on the supplier or the producer, who then includes it in the product price. Excise taxes are imposed by the federal, state, and local governments. The taxes can either be applied as a percentage of the total cost of a product or service or as a fixed amount.
Step-by-step explanation:
Asked by admin @ in History viewed by 278 persons
Asked by admin @ in Chemistry viewed by 400 persons
Asked by admin @ in Mathematics viewed by 278 persons
Asked by admin @ in Geography viewed by 308 persons
Asked by admin @ in Geography viewed by 265 persons
Asked by admin @ in Business viewed by 289 persons
Asked by admin @ in Business viewed by 296 persons
Asked by admin @ in Chemistry viewed by 291 persons
Asked by admin @ in Biology viewed by 303 persons
Asked by admin @ in Physics viewed by 359 persons
Asked by maham237 @ in English viewed by 268 persons
Asked by maham237 @ in History viewed by 469 persons
Asked by maham237 @ in Business viewed by 412 persons
Asked by maham237 @ in Social Studies viewed by 289 persons
Asked by maham237 @ in Business viewed by 376 persons
Asked by maham237 @ in Mathematics viewed by 18341 persons
Asked by admin @ in Mathematics viewed by 8141 persons
Asked by admin @ in Mathematics viewed by 5764 persons
Asked by maham237 @ in Mathematics viewed by 3930 persons
Asked by maham237 @ in Mathematics viewed by 3246 persons
Asked by maham237 @ in Mathematics viewed by 2918 persons
Asked by maham237 @ in Mathematics viewed by 2780 persons
Asked by maham237 @ in Mathematics viewed by 2572 persons
Asked by maham237 @ in Mathematics viewed by 2473 persons
Asked by maham237 @ in Mathematics viewed by 2423 persons
Asked by maham237 @ in Mathematics viewed by 2414 persons
Asked by maham237 @ in Mathematics viewed by 2068 persons
Asked by maham237 @ in Mathematics viewed by 1791 persons