USE TAX
\jˈuːs tˈaks], \jˈuːs tˈaks], \j_ˈuː_s t_ˈa_k_s]\
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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. For example, you buy your car in a state that has no sales tax, but you live across the border in a state that does have a sales tax. When you bring your car home and register it in your state, the state taxing authority will bill you for the sales tax it would have collected had you bought the car within the state.
By Oddity Software
Word of the day
exudative diathesis
- A predisposition to interstitial subcutaneous serous or fibrinous infiltrations; subjects suffer from swollen lymph nodes, thickening of tongue, pruritus, seborrhea, gastric and cardiac crises; the condition is aggravated by pilocarpine, but favorably affected atropine adrenalin.