USETAX

Use tax

A use tax is a type of excise tax levied in the United States by numerous state governments. It is assessed upon tangible personal property purchased by a resident of the assessing state for use, storage, or consumption in that state, regardless of where the purchase took place. If a resident of a state makes a purchase within his home state, full sales tax is paid at the time of the transaction. The use tax applies when a resident of the assessing state purchases an item that is not subject to his home state's sales tax. Usually, this is due to out-of-state purchases, as well as ordering items through the mail, by phone, or over the Internet from other states.

The above text is a snippet from Wikipedia: Use tax
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use tax

Noun

  1. A charge imposed on the use or possession of personal property


The above text is a snippet from Wiktionary: use tax
and as such is available under the Creative Commons Attribution/Share-Alike License.

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