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What (who) is purchase tax - definition
Purchase Tax
Purchase Tax was a tax levied between 1940 and 1973 on the wholesale value of luxury goods sold in the United Kingdom. Introduced on 21 October 1940, with the stated aim of reducing the wastage of raw materials during World War II, it was initially set at a rate of 33.
purchase tax
¦ noun a tax added to the price of goods sold to consumers.
Jackson Purchase
![Cherokee]]'' – Jackson and McMinn Treaty (1817)](https://commons.wikimedia.org/wiki/Special:FilePath/TENNESSEE map - Indian land cessions in the United States.jpg?width=200 "Cherokee]]'' – Jackson and McMinn Treaty (1817)")
REGION IN KENTUCKY
Jackson Purchase Region; The Purchase
The Jackson Purchase, also known as the Purchase Region or simply the Purchase, is a region in the U.S.
Examples of use of purchase tax
1. The state government has abolished purchase tax on Jatropha.
2. The second tax to be cut is purchase tax on housing.
3. Until 2005, purchase tax on new cars ran at '5 percent.
4. Soaring house prices mean record numbers of homes are caught by the property purchase tax.
5. Purchase tax on cars is presently 7'%, one of the highest rates in the world.