purchase tax
noun[CorU]
COMMERCE,TAXukusataxthat isaddedto thepriceof something thatpeoplebuy, but not to thepriceofbasicgoods:
In the UKVATwasintroducedin 1973,replacingpurchasetax.
Compare
sales tax
value-added tax
Examplesofpurchase tax
purchase tax
It was expected to sell for between 675 and 750 includingpurchasetax.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The construction fund will come from vehiclepurchasetax, fees and taxes collected by local governments, state bonds, domestic investment and foreign investment.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In 1946,purchasetaxwas removed completely from kitchen fittings and crockery, while the rate was reduced on various gardening items.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In 1958, the purchase price (includingpurchasetax), was 386 10s 5d (386.52).
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In the 1955 budget, he put down an amendment to exempt vehicles used by limbless ex-servicemen frompurchasetax.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In addition,purchasetaxwas increased from 33% to 66% on certain luxury items such as cars, television sets, and domestic appliances, while entertainment tax was increased on cinema tickets.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.As with other sales taxes, visiting residents of non-participating states whopurchasetax-free goods (holiday or not) may still have to pay use tax on the goods they take home.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Meanwhile, indirect taxation had become less obviously regressive with the introduction in 1942 ofpurchasetaxon the consumption of non-essential goods.
From theCambridge English Corpus
Purchasetaxwas criticized after the war for discouraging production of high quality goods.
From theCambridge English Corpus
Purchasetaxis paid at the wholesale level.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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