Use-tax Sentence Examples
There is no income tax, capital gains tax, VAT, sales or use tax or wealth tax.
Balance shown on Form 2290, Heavy Highway Use Tax Return for the period July 1, 2005 through June 30, 2006 must be paid in full.
The use tax term is further described in the "Important Tax Terms" portion of this article.
Products and services that are considered "tax free" are subject to use tax in order to prevent the evasion of other applicable taxes.
The use tax makes that tax-free purchases made outside of a consumer's taxable jurisdiction subject to a separate fee reflecting the amount that would have otherwise been taxed.Advertisement
The use tax is also levied on public services that assist and append different types of public property.
Government agencies use tax dollars to improve roads, fund medical programs, subsidize school lunches and pay Social Security benefits to retired individuals.
A true wholesaler is required by law to ensure their customers to have a reseller's business license to avoid paying the state use tax.
If you purchase or withdraw any products for personal use, you are liable for the portion of use tax charged by the state.