The _____ is a tax on the consumption or storage of goods within a taxing jurisdiction.

Question

Quizplus · Accepted Answer

A use tax is a tax on goods that were purchased from out of state or online, but are used or stored within the taxing jurisdiction. This tax is similar to a sales tax, but is collected by the state rather than the seller. An excise tax is a tax on specific goods like tobacco, alcohol, and gasoline. Income tax is a tax on a person's income.

The _____ Is a Tax on the Consumption or Storage