Sales tax is required in all states. True False Sales tax is taken on shipping c

Question

Sales tax is required in all states. True False Sales tax is taken on shipping charges. True False Excise tax and sales tax are really the same tax. True False Excise tax is only on goods or services that are luxury items. True False Excise tax is a tax paid in addition to sales tax. True False Assessed value equals assessment rate x market value. True False Property Tax rates may be expressed in more than one way. True False Total property tax due is equal to the tax rate times the total assessed valuation. True False Tax rate per dollar is calculated by taking the budget needed divided by the total assessed value. True False

Explanation / Answer

(According to Chegg policy, only four subquestions will be answered. Please post the remaining in separate question)

1. Sales tax is required in all states.

False.

Delware for instance does not impose sales tax.

2. Sales tax is taken on shipping charges.

False.

In some states, shipping charges do not constitute sales tax.

3. Excise tax and sales tax are really the same tax.

False.

Th two are different.

4. Excise tax is only on goods and services that are luxury items.

False

Luxury excise tax forms a part of all excise taxes.

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