Nashib Umer
Posted May 25, 2010 6:03 AM
user 12156924
Hicksville, NY
Post #: 21
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Sales tax is imposed on all retail sales, leases and rentals of most goods, as well as taxable services. In other words a sales tax is a tax on the end-purchase of a good, so it normally does not apply if a sale is for re-sale or for subsequent processing. Sales tax normally a certain percentage that is added onto the price of a good or service that is purchased.
Source http://www.infotaxsqu...
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