What are the differences between a sales tax and a use tax?(1 point)
Responses
A sales tax on goods and services is paid by a region's residents and a use tax is paid by non-residents, both at the point of sale.
A sales tax on goods and services is paid by a region's residents and a use tax is paid by non-residents, both at the point of sale.
A sales tax is on the purchase of goods and services at the point of sale while a use tax is paid on goods and services purchased when sales tax was not paid.
A sales tax is on the purchase of goods and services at the point of sale while a use tax is paid on goods and services purchased when sales tax was not paid.
A sales tax is levied on the purchases of goods while a use tax is levied on the purchases of sevices.
A sales tax is levied on the purchases of goods while a use tax is levied on the purchases of sevices.
A sales tax is collected when a good or service is purchased by a consumer while a use tax is collected when a good or service is purchased by a businesses.
Whats the right answer
The correct answer is:
A sales tax is on the purchase of goods and services at the point of sale, while a use tax is paid on goods and services purchased when sales tax was not paid.
The correct answer is:
A sales tax is on the purchase of goods and services at the point of sale, while a use tax is paid on goods and services purchased when sales tax was not paid.