Retail Sales Tax Payment

Sales Tax Payment - Sales Tax Payment refers to general taxes levied on the sale of goods and services at a single stage in the supply chain, which could be at the manufacturing, production, wholesale, or retail stage. These taxes are typically collected by the seller at the point of sale and remitted to the government.

Class Information

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Identification

Label (rdfs)
Sales Tax Payment
Preferred Label
Retail Sales Tax Payment
Alternative Labels
Sales Tax Remittance, Sales Taxes, Single-Stage Sales Tax, Single-Stage Tax Payment, Transaction Tax Payment
Identifier
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Definition and Examples

Definition
Sales Tax Payment refers to general taxes levied on the sale of goods and services at a single stage in the supply chain, which could be at the manufacturing, production, wholesale, or retail stage. These taxes are typically collected by the seller at the point of sale and remitted to the government.
Examples
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Class Relationships

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Additional Information

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Deprecated
False

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