Ask Question
BusinessBusiness
24 May, 04:10

Which of the following taxes are charged on items at the time of purchase?

ASales tax

BProperty tax

CCapital gains tax

DIncome tax

+5
Answers (1)
  1. 24 May, 06:48
    0
    A. Sales tax

    Explanation:

    In most states, sales tax is charged on the majority of items at the time of purchase. For example, the sales tax rate in Pennsylvania is 6%. By law, a 1% local tax is added to purchases made in Allegheny County and 2% local tax is added to purchases made in Philadelphia. The states without sales tax are Alaska, Delaware, Montana, New Hampshire, and Oregon.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following taxes are charged on items at the time of purchase? ASales tax BProperty tax CCapital gains tax DIncome tax ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The Toys-R-Us Toy Company can produce 500 water pistols for a total cost of $1,400. If the variable cost of producing 500 water pistols is $1,300 then A. fixed cost must be $100 B. marginal cost must be $1,300 C. marginal cost must be increasing D.
Answers (1)
If bonds are originally sold at a discount using the straight-line amortization method: question 4 options: a. unamortized discount is added to the face value of the bond to determine its carrying value. b.
Answers (1)
What are the three main characteristics of most of the 1 billion malnourished people in the world?
Answers (1)
All of the following should be considered before enrolling in a 529 plan except which
Answers (1)
Match the use of GDP data to the appropriate situation. measuring long-term economic growth measuring business cycles measuring living standards 1.
Answers (1)
New Questions in Business
On October 6, 2018, the Elgin Corporation signed a purchase commitment to purchase inventory for $81,000 on or before March 31, 2019. The company's fiscal year-end is December 31.
Answers (1)
The manager of a large apartment complex knows from experience that 100 units will be occupied if the rent is 400 dollars per month.
Answers (1)
Frito-Lay produces more than 20 varieties of chips. Suppose a retail store offers to stock five of Frito-Lay chips products in each store across the country.
Answers (1)
Which would not be considered as capital by an economist? a crane used by a building contractor an automobile used by General Electric a share of corporate stock issued by General Motors a razor used by a barber
Answers (1)
An example of an institutional coi is: the organization gives scholarships to some post-doctoral researchers an industry sponsor pays for the construction of a new research laboratory at the organization one of the organization's deans is the
Answers (1)
Home » Business » Which of the following taxes are charged on items at the time of purchase? ASales tax BProperty tax CCapital gains tax DIncome tax
Sign Up Forgot Password?