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A tax on retail products based on a set percentage retail cost is called A) sales tax. B) excise tax. C) income tax. D) corporation tax.

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User Dpwe
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A sales tax I think. .
answered
User Eminsenay
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Answer:

The correct answer is A. A tax on retail products based on a set percentage retail cost is called sales tax.

Step-by-step explanation:

A sales tax is a tax applied in particular in the United States and Canada. This is an indirect tax on point-of-purchase consumption for certain goods and services. This type of tax is usually calculated as a percentage of the final price to the consumer and is added to the price or is already included.

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User Gabriel Diego
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