- published: 12 Aug 2013
- views: 1720
A use tax is a type of excise tax levied in the United States. It is assessed upon otherwise "tax free" tangible personal property purchased by a resident of the assessing state for use, storage or consumption of goods in that state (not for resale), regardless of where the purchase took place. The use tax is typically assessed at the same rate as the sales tax that would have been owed (if any) had the same goods been purchased in the state of residence. Use tax applies when sales tax has not been charged. Purchases made either over the Internet or out-of-state are the most common transactions subject to a use tax.
For example, a resident of Massachusetts, with a 6.25% "sales and use tax" on certain goods and services, purchases non-exempt goods or services in New Hampshire for use, storage or other consumption in Massachusetts. Under New Hampshire law, the New Hampshire vendor collects no sales taxes on the goods but the purchaser/user must still pay 6.25% of the sales price directly to the Department of Revenue in Massachusetts as a use tax. If the same goods are purchased in a US state that does collect sales tax for such goods at time of purchase, whatever taxes were paid by the purchaser to that state can be deducted (as a tax credit) from the 6.25% owed for subsequent use, storage or consumption in Massachusetts. With few exceptions, no state's vendors will charge the native sales tax on goods shipped out of state. New Hampshire vendors, however, do not omit tax because something was shipped to Massachusetts or some other state; rather, they omit sales tax because New Hampshire does not impose a sales tax in the first place.
Use may refer to:
What is Use Tax?
How consumer use tax works - Will's Whiteboard
Basic Sales and Use Tax Video
What is Use Tax | Consumer Use Tax
Sales and Use Tax in General - www.TaxTV.com
lol : U.S not use tax-payers’ Money to provide F-16 fighter jets to Pakistan. Pak Media
QuickBooks-How to Record and Pay Use Tax
Paying Your Use Tax - Making Sales in California
Use Tax Explained
Sales and Use Tax: How it Affects Your Business
How to fill out a Combined Sales & Use Tax Return
Sales and Use Tax for Dummies Webinar
Podcast 4: Instruction on Texas Sales and Use Tax
Florida Sales & use tax issues?
Rap I
‘Till I fade away and my soul cross over
I’m running cross borders, to get this life in order
Always played the bench when I was born to take it farther
23 on the jersey with the dreams of being a starter
Witnessing hatred flying at me from every corner
On the brink of madness but I choose to play it smarter
Work twice as harder, with dreams of being Carter
Reach for the sky to take a sip of heaven’s water
I came in this world scoring seven days a week to get it in
I came here to win, now I finally did
From showing off ribs, no doe for the fridge
Stressing on my future kids, now I’m paying off the crib
My people stucks with me through the harshest weather
And now the sun’s out shining so we march together
‘Cuz we soldiers coming from the ground up, yup
With our bottles up, so what you what you what you know about us
Chorus I
(So whatchu know about us)
Gon’ reach for the sky
Ya know we fly high
That’s how we ride
(Whatchu know about us)
Stack the paper sky high
U know we don’t stop
(Whatchu know about us)
From the cells to the block
To the people on top
Shown’ nothin’ but love
(Whatchu know about us) aye
(Whatchu know about us) aye
Rap II
This is for my 12 hour go getters
Who strives for the better when these dark storms won’t let us
And holding the fort down, we in the zone now
Touch down, 4 seconds, 4th quarter, 4th down
You know this hard work be growing over time
Instead of all these get rich quick schemes slowing up the grind
That’s why we came up to get this cracking
It’s not about stacking, yet more of just making it happen
So starting from breakfast we on post for the grain
Born to die, tryna’ get something off the grave
Shackled up and chained, but through passion and pain
Break loose, now the truth is surpassing the game
We put our hearts to it and push hard
The old shoots down then, out comes new stars
We takes it all the way with no time to fuss
That’s what’s up, on the bubble bound to bust, so what you know about us
Chorus II
(So whatchu know about us)
Gon’ reach for the sky
Ya know we fly high
That’s how we ride
(Whatchu know about us)
Stack the paper sky high
U know we don’t stop
(Whatchu know about us)
From the cells to the block
To the people on top
Shown’ nothin’ but love
(Whatchu know about us) aye
(Whatchu know about us) aye
Bridge
Haterz in da crowd
They wanna take us down
But we up in da clouds
We flying’ high tonight
Three Sixty Five
Can’t no one stop us now
Chorus III
(So Whatchu know about us)
Gon’ reach for the sky
Ya know we fly high
That’s how we ride
(Whatchu know about us)
Stack the paper sky high
U know we don’t stop
(Whatchu know about us)
From the cells to the block
To the people on top
Shown’ nothin’ but love
(Whatchu know about us) aye
(Whatchu know about us) aye
Chorus IV
(So whatchu know about us)
Gon’ reach for the sky
Ya know we fly high
That’s how we ride
(Whatchu know about us)
Stack the paper sky high
U know we don’t stop
(Whatchu know about us)
That’s how we rollin’
Shot callin’
Poppin’ bottles all the night long
(Whatchu know about us) aye