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alexsteed
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alexsteed  |  June 16, 2009 01:33 PM  |  in Business   | via Twitter  |  about Taxes

What is use tax?

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donaldmc
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BEST ANSWER  decided by votes   |  donaldmc  |  June 18, 2009 04:30 AM
A "use tax" is a tax imposed by a state to compensate for the sales tax lost when an item is purchased outside of the state, but is used within the state.
source(s):
http://www.nolo.com/definition.cfm/Term/B3E6B054-CBDF-408E-9E607EA598A19240...

voted helpful: harmonydawn

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Voted as best: easyeboy, timcadieux, mahaloguru
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