Use tax definition

Use tax means a nonrecurring tax, other than a sales tax, which (a) is imposed on or with respect to the exercise or enjoyment of any right or power over tangible personal property incident to the ownership, possession, or custody of that property or the leasing of that property from another including any consumption, keeping, retention, or other use of tangible personal property, and (b) is complementary to a sales tax.

Use tax means a nonrecurring tax, other than a sales tax, which

Use tax means the tax levied under the use tax act.

Examples of Use tax in a sentence

• Illinois does not have an exemption for sales of property for subsequent lease or rental, except as follows: (i) a motor vehicle that is used for automobile renting subject to the Automobile Renting Occupation and Use tax Act (35 ILCS 120/2-5(7)) and (ii) merchandise that the purchaser certifies is purchased to be rented subject to the Rental Purchase Agreement Occupation and Use Tax Act (35 ILCS 120/2-5(43)).

• Virginia's Sales and Use tax does not apply to sales of tangible personal property to the Commonwealth of Virginia or to its political subdivisions, for their use or consumption, if the purchases are pursuant to required official purchase orders to be paid for out of public funds.

• Use tax or the fee for new registration on the motor vehicle being replaced was paid by the motor vehicle dealer when that motor vehicle was registered.

• The Board does not pay Federal Excise or Florida Sales and Use tax.

• State Tax: The Board of Education is exempt from paying Illinois Use tax, Illinois Retailer's Occupation tax, Federal Excise taxes, and any federal transportation tax.

More Definitions of Use tax

Use tax means the tax levied under the use tax act, 1937 PA 94, MCL 205.91 to 205.111.

Use tax means the tax levied under subchapter III of this chapter for which the retailer collects and remits tax to the department.

Use tax means a nonrecurring tax, other than a sales tax, which (a) is imposed on or

Use tax means the tax levied under section 57-40.2-02.1 or imposed under home rule authority by a city or county.

Use tax means the tax paid or required to be paid by a consumer for using, storing, distributing or otherwise consuming tangible personal property or taxable services inside the City.

Use tax means the tax imposed by section [4] of this article.

Use tax means the tax imposed pursuant to Article 13, Chapter 36 of this title.