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A sales tax is a tax, usually paid by the consumer at the point of purchase, itemized separately from the base price, for certain goods and services. The tax amount is usually calculated by applying a percentage rate to the taxable price of a sale.
A portion of the sale may be exempt from the calculation of tax, because sales tax laws usually contain a list of exemptions. Laws governing the tax may require it to be included in the price (tax-inclusive) or added to the price at the point of sale.
Most sales taxes are collected from the buyer by the seller, who remits the tax to a government agency. Sales taxes are commonly charged on sales of goods, but many sales taxes are also charged on sales of services. Advantages that a sales tax generally has over other forms of taxation are that it is difficult to avoid, and simple to calculate and collect.
A tax imposed on the sale of goods is depicted on the walls of ancient Egyptian tombs, which have been dated as far back as 2000 BC. These paintings describe the collection of tax for specific commodities, such as cooking oil.
This page contains text from Wikipedia, the Free Encyclopedia -
http://en.wikipedia.org/wiki/Sales_tax
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
A sale is the act of selling a product or service in return for money or other compensation. It is an act of completion of a commercial activity.
The seller' or salesperson – the provider of the goods or services – completes a sale in response to an acquisition or to an appropriation[disambiguation needed 
][citation needed] or to a request. There follows the passing of title (property or ownership) in the item, and the application and due settlement of a price, the obligation for which arises due to the seller's requirement to pass ownership. Ideally, a seller agrees upon a price at which he willingly parts with ownership of or any claim upon the item. The purchaser, though a party to the sale, does not execute the sale, only the seller does that. To be precise the sale completes prior to the payment and gives rise to the obligation of payment. If the seller completes the first two above stages (consent and passing ownership) of the sale prior to settlement of the price, the sale remains valid and gives rise to an obligation to pay.
This page contains text from Wikipedia, the Free Encyclopedia -
http://en.wikipedia.org/wiki/Sales
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
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Central Sales Tax - CST - AY 14-15 - Lecture 1
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- Aerarium
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- Amazon.com
- Athens
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- Customs
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- Sales tax
- Sales Tax Audit
- Scandinavia
- Sin tax
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- Tariff
- Tariff war
- Tax
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- Tax incentive
- Tax incidence
- Tax investigation
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- Taxation in Bhutan
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- Taxation in Peru
- Taxation in Sweden
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- Taxpayer groups
- Template Taxation
- Tiberius
- Tobin tax
- Trade
- Trade pact
- Turnover tax
- Use tax
- Value added tax
- Western Europe
- Whiskey Rebellion
- Windfall profits tax
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To Buy our CA / CS video lectures call at 0551-6050551. -
Central Sales Tax - CST - AY 14-15 - Lecture 3
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Central Sales Tax - CST - AY 14-15 - Lecture 1
- Duration: 66:24
- Updated: 04 Sep 2014
- author: CA dilip badlani
To Buy our CA / CS video lectures call at 0551-6050551.
http://wn.com/Central_Sales_Tax_-_CST_-_AY_14-15_-_Lecture_1
To Buy our CA / CS video lectures call at 0551-6050551.
- published: 27 May 2014
- views: 2853
- author: CA dilip badlani
Central Sales Tax - CST - AY 14-15 - Lecture 3
- Duration: 101:48
- Updated: 02 Sep 2014
- author: CA dilip badlani
To Buy DVD's of CA / CS / CMA call at 0551-6050551.
http://wn.com/Central_Sales_Tax_-_CST_-_AY_14-15_-_Lecture_3
To Buy DVD's of CA / CS / CMA call at 0551-6050551.
- published: 31 May 2014
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http://NewQuickBooks.com
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http://wn.com/QuickBooks_2015_Tutorial_Part_9_Manage_Sales_Tax_|_Setup_|_Code_List_|_Use_Tax_|_Pay_Sales_Tax
http://NewQuickBooks.com
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http://wn.com/8._Quickbooks_Online_-_setting_up_product_sales_tax_rates
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http://wn.com/Central_Sales_Tax_-_CST
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http://wn.com/Sales_Tax_in_QuickBooks_Part_One.wmv
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- published: 12 Apr 2011
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- Playlist
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66:24
Central Sales Tax - CST - AY 14-15 - Lecture 1
To Buy our CA / CS video lectures call at 0551-6050551....
published: 27 May 2014
author: CA dilip badlani
Central Sales Tax - CST - AY 14-15 - Lecture 1
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To Buy our CA / CS video lectures call at 0551-6050551.- published: 27 May 2014
- views: 2853
- author: CA dilip badlani
101:48
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To Buy DVD's of CA / CS / CMA call at 0551-6050551....
published: 31 May 2014
author: CA dilip badlani
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To Buy DVD's of CA / CS / CMA call at 0551-6050551.- published: 31 May 2014
- views: 1535
- author: CA dilip badlani
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published: 30 Mar 2012
author: NEXTBIGWHAT.TV
Understanding VAT (Value Added Tax) & CST (Central Sales Tax) in India
Understanding VAT (Value Added Tax) & CST (Central Sales Tax) in India
VAT is a multi-point tax on value addition which is collected at different stages of sale. VAT is applicable to intra-state sales. CST is same as VAT and is ...- published: 30 Mar 2012
- views: 34648
- author: NEXTBIGWHAT.TV
5:40
What is Sales Tax?
Starting a new business, or just thinking about it? Need a refresher on what the state req...
published: 12 Aug 2013
author: MNRevenue
What is Sales Tax?
What is Sales Tax?
Starting a new business, or just thinking about it? Need a refresher on what the state requires of you as a retailer? This Minnesota Department of Revenue vi...- published: 12 Aug 2013
- views: 1707
- author: MNRevenue
3:37
What is sales tax
Agent Story teaches the basics of sales tax....
published: 26 Oct 2012
author: Laura Thomas
What is sales tax
What is sales tax
Agent Story teaches the basics of sales tax.- published: 26 Oct 2012
- views: 905
- author: Laura Thomas
8:47
Finding Sales Tax
This video walks through a one and two-step method for finding sales tax. It includes 4 ex...
published: 29 Apr 2008
author: Marty Brandl
Finding Sales Tax
Finding Sales Tax
This video walks through a one and two-step method for finding sales tax. It includes 4 examples.- published: 29 Apr 2008
- views: 14715
- author: Marty Brandl
3:58
Are Tax Sale and Tax Deed Properties Mortgage Free?
http://TheTaxSaleAcademy.com Are tax sale properties mortgage and lien free? This is the n...
published: 15 Oct 2013
author: TheTaxSaleAcademy
Are Tax Sale and Tax Deed Properties Mortgage Free?
Are Tax Sale and Tax Deed Properties Mortgage Free?
http://TheTaxSaleAcademy.com Are tax sale properties mortgage and lien free? This is the number one most popular question I get from beginning tax sale inves...- published: 15 Oct 2013
- views: 1008
- author: TheTaxSaleAcademy
6:12
Tax Sales and Tax Liens - Pros and Cons of Investing in a Tax Sale/Lien
http://www.REIClub.com - Are Tax Sales a Good Investment For Real Estate Investors? Here I...
published: 08 Sep 2011
author: reiclub
Tax Sales and Tax Liens - Pros and Cons of Investing in a Tax Sale/Lien
Tax Sales and Tax Liens - Pros and Cons of Investing in a Tax Sale/Lien
http://www.REIClub.com - Are Tax Sales a Good Investment For Real Estate Investors? Here Is A Quick Video On The Pros And Cons Of Investing in a Tax Sale Hi,...- published: 08 Sep 2011
- views: 35913
- author: reiclub
2:44
Math in Daily Life : How to Calculate Sales Taxes
In order to calculate sales tax, a person must first find out what the sales tax rate is. ...
published: 21 Nov 2008
author: eHow
Math in Daily Life : How to Calculate Sales Taxes
Math in Daily Life : How to Calculate Sales Taxes
In order to calculate sales tax, a person must first find out what the sales tax rate is. Turn percentages into decimals when calculating sales tax with less...- published: 21 Nov 2008
- views: 23294
- author: eHow
33:32
QuickBooks 2015 Tutorial Part 9: Manage Sales Tax | Setup | Code List | Use Tax | Pay Sales Tax
http://NewQuickBooks.com
QuickBooks 2015 Tutorial Part 9: Manage Sales Tax | Setup Prefer...
published: 03 Oct 2014
QuickBooks 2015 Tutorial Part 9: Manage Sales Tax | Setup | Code List | Use Tax | Pay Sales Tax
QuickBooks 2015 Tutorial Part 9: Manage Sales Tax | Setup | Code List | Use Tax | Pay Sales Tax
http://NewQuickBooks.com QuickBooks 2015 Tutorial Part 9: Manage Sales Tax | Setup Preferences | Code List | Liability | Use Tax | Pay Sales Tax 1) Sales Tax Preferences 2) Sales Tax Code List 3) Sales Tax Liability 4) Sales Tax Revenue Report 5) Adjust Sales Tax 6) Out of State / Use Tax 7) Pay Sales Tax http://NewQuickBooks.com- published: 03 Oct 2014
- views: 4
9:13
Free QuickBooks Tutorials - How To Set Up Sales Tax - QuickBooks Pro 2013
All free QuickBooks tutorials located at http://www.FreeQuickBooksLessons.Com This free Qu...
published: 30 Apr 2013
author: FreeQuickbooksLesson
Free QuickBooks Tutorials - How To Set Up Sales Tax - QuickBooks Pro 2013
Free QuickBooks Tutorials - How To Set Up Sales Tax - QuickBooks Pro 2013
All free QuickBooks tutorials located at http://www.FreeQuickBooksLessons.Com This free QuickBooks tutorial will show you how to create the first sales tax i...- published: 30 Apr 2013
- views: 4566
- author: FreeQuickbooksLesson
59:09
[UPDATED] Sales Tax Boot Camp for Amazon FBA Sellers
Learn the basics of sales tax collection and remittance for Amazon FBA sellers from indust...
published: 18 Jul 2014
author: Tax Jar
[UPDATED] Sales Tax Boot Camp for Amazon FBA Sellers
[UPDATED] Sales Tax Boot Camp for Amazon FBA Sellers
Learn the basics of sales tax collection and remittance for Amazon FBA sellers from industry expert Mark Faggiano of TaxJar. This webinar will take the myste...- published: 18 Jul 2014
- views: 104
- author: Tax Jar
5:24
Sales Tax and Discounts
This video demonstrates how to calculate tax and discounts. You'll be walked through a few...
published: 11 May 2012
author: Matt Jagow
Sales Tax and Discounts
Sales Tax and Discounts
This video demonstrates how to calculate tax and discounts. You'll be walked through a few examples showing percent to decimal conversions and application of...- published: 11 May 2012
- views: 2477
- author: Matt Jagow
photo: UN Photo / Mark Garten
09 May 2015
(AhlulBayt News Agency) The United Nations says the Takfiri ISIL terrorist group has been offering Syrian and Iraqi girls for sale by putting them on show “stripped naked” in “slave bazaars.” ... Read the full story ›. Text smaller Text bigger. Note. Read our discussion guidelines before commenting ... ....
photo: AP / Patrick Semansky
09 May 2015
Article by WN.com Correspondent Dallas Darling. Mahatma Gandhi warned that the deadliest form of violence is poverty. But for Gandhi, poverty consisted of not only economic impoverishment but political, social, and cultural. It also included psychological, emotional, even spiritual, neglect and abandonment ... How many have been killed due to manipulating tax codes or marketing wars? ... Make no mistake ... Justice delayed is always justice denied....
photo: AP / Alexander Zemlianichenko
09 May 2015
Vladimir Putin has used an address commemorating the 70th anniversary of victory over Nazi Germany to accuse the US of attempting to dominate the world. Speaking at Moscow’s annual Victory Day parade in Red Square, which this year has been boycotted by western leaders over the continuing crisis in Ukraine, the Russian president berated Washington for “attempts to create a unipolar world” ... Guardian service ....
photo: WN / Bhaskar Mallick
11 May 2015
11 May 2015. From the section India. Divorce is still taboo in India. India still has one of the lowest divorce rates in the world, but marriage breakdowns are becoming more common. Most of those splitting up are members of its thriving, urban middle class whose lives have been transformed by the economic boom. This has led to a huge rise in the number of matrimonial services, some unscrupulous, targeting divorcees ... I was dumbstruck ... ....
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Big News Network
11 May 2015
The three Clallam County commissioners will conduct a public hearing on a sales tax cut and are expected to approve Opportunity Fund grants to the Port of Port Angeles and the city of Port Angeles ... ....
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Big News Network
11 May 2015
MOULTON, Ala. (AP) - The Lawrence County commission has rejected a two-cent sales tax increase and moved to cut the government's budget. The Decatur Daily ... ....
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The Times of India
11 May 2015
A joint commissioner of sales tax at Mazgaon was arrested on Sunday by a Raigad ACB team after it caught his alleged agent accepting a bribe of Rs 20 lakh on his behalf from a builder in Panvel ... He used to look after the sales tax matters in the office of the CA to the complainant builder ... against him and to revoke the sales tax department notice....
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Dawn
11 May 2015
Businesses collect income tax as withholding agents and sales tax on commodities. They also collect sales tax on services, which falls under the provincial domain ... For example, posh restaurants charge their customers sales tax but many reportedly do not deposit the entire collection in the government exchequer ... The picture is clear from the fact that only 175,000 persons are registered as sales tax payers....
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TT News
11 May 2015
Even with Interstate 94 potholes the size of Big Ten linebackers, Michigan voters declared decisively they do not want to endure an increase in the sales tax to pay for much-needed repairs to battered roads and bridges. It probably was a tactical error by state leaders to use the broad-based sales tax to finance highways. Diesel and gasoline taxes ......
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Yahoo Daily News
11 May 2015
The Bill aims to reform India's existing indirect tax regime ... The government is also expected to table the Goods and Services Tax Bill in the Rajya Sabha today ... They include sales tax, excise and services tax except taxes on the supply of alcohol for human consumption and petroleum products....
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Yahoo Daily News
11 May 2015
Consumers tightened their purse strings as the sales tax hike boosted prices across the board, outpacing salaries and curbing real incomes, hurting household purchasing power ... wholesale prices fell 2.1 percent in the year to April, the first drop since March 2013, partly as effects of the sales tax hike taper off....
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Topix
11 May 2015
The agreement will be put into effect once the document of the endorsement is deposited at the GCC Secretariat. Photo-Times of Oman Muscat. Value-added tax , also known as sales tax, has taken a step towards reality in the Gulf, and potentially Oman, after the Gulf Cooperation Council officials met at the weekend. ....
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Gulf News
11 May 2015
Introducing VAT, also known as sales tax, would be a big economic reform for the wealthy Gulf oil-exporting states ....
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PR Newswire
11 May 2015
The decreased net income in this quarter compared to the same quarter of last year was primarily due to less contracted sales achieved in the current quarter ... In the second half of fiscal 2015, we expect that the completion of several real estate projects currently under development will increase our contracted sales ... Taxes payable ... Deferred tax liabilities ... Real estate sales ... Sales tax ... Cost of real estate sales ... Income taxes paid....
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Austin American Statesman
10 May 2015
Voters were narrowly approving the proposed sales tax increase for the Bastrop County Emergency Services District No. 1 after early voting. The measure has 52 percent of the vote in favor of the 1.5 percent sales tax increase so far. The district is putting the proposal to voters in an attempt to spread the burden from solely property owners and to raise money for a new fire station ... View Comments 0. Join The Conversation ... Most Read ... Local....
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- Lyrics: play full screen play karaoke
- Sales Tax - Bo Carter
- Sales Tax - Mississippi Sheiks
These times now : ain't suiting me
*Account it* : costing a dollar three
Old Aunt Martha : live behind the jail
A sign on the wall : saying liquor for sale
I never seen : the likes since I been born
The women got the sales tax : on the South End home
You used to buy it : for a dollar round
Now sales tax is on it : all over town
I'm as loving : as a woman can be
The stuff I've got : will cost you a dollar and three
Now you may take me : to be a fool
Everything is sold : by the government rule
Spoken Diaglogue:
'Hey Walter, we need some cigarettes
lets go ahead and get a pack'
'Okay'
Storekeeper Spoken:
'Hello boys, what can I do for you?'
'I'll have a pack of cigarettes'
'Alright, here you are'
'Be 3 cents more, though'
(both spoken)
'What's that for?'
'Sales tax, haven't you ever heard of sales tax?'
'I sho' haven't'
'What's gonna happen next, man?'
'You know they gotta law here they call 'sale tax'.
'Sale tax, what is that for?'
'Thats 3 cent tax on ev'ra thing that's sold
They say that's the government rule'
'The governments rule?'
'Well, there's a-lotsa things sold that the government
knows anything about.'
'An I'll just sing a little song about these sales
tax.'
(Song begins)
These times now, ain't through to me
Pony carts spend a dollar three
Oh, the sales tax is on it
The sales tax is on it
Oh, the sales tax is on it
Ev'rywhere you go
Olan Marshall live behind the jails
A sign on the wall sayin, 'Liquor for Sale'
You know the sales tax is on it
Oh, the sales tax is on it
Oh, the sales tax is on it
Ev'rywhere you go
I've never seen the likes
Since I've been born
The women's got sales tax
On their stuff at home
Oh, the sales tax is on it
Oh, sales tax is on it
Oh, the sales tax is on it
Ev'rywhere you go
'You know these sales tax is a pain'
(instrumental)
You used-a could buy for a dollar a round
Now sales tax is on it all over town
Oh, the sales tax is on it
Oh, sales tax is on it
Oh, the sales tax is on it
Ev'rywhere you go
I'm as lovin' now, as a woman can be
The stuff I've got'll cost ya a dollar and three
Oh, the sales tax is on it
Oh, sales tax is on it
Oh, the sales tax is on it
Ev'rywhere you go
Now, you may take me to be a fool
Ev'rything is sold by the government's rule
Oh, you know the sales tax is on it
Oh, sales tax is on it
Oh, the sales tax is on it
