Use Tax
/ˈjuːs tæks/
Definitions
- (n.) A tax imposed on the use, storage, or consumption of goods or property, typically to complement sales tax on purchases made outside a taxing jurisdiction.
The state imposed a use tax on goods purchased online and brought into the state for use.
Forms
- use tax
Related terms
See also
Commentary
Use tax often serves to prevent tax avoidance on out-of-state purchases and requires careful drafting to define taxable transactions clearly.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.