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
EF 1H
- Peptide elongation factor 1 multisubunit protein that responsible GTP-dependent binding of aminoacyl-tRNAs eukaryotic ribosomes. alpha 1alpha) binds tRNA transfers it ribosome in a process linked to GTP hydrolysis. The beta and delta subunits (1beta, EF-1delta) are involved exchanging GDP for GTP. gamma subunit (1gamma) is structural component.