What are the differences between a sales tax and a use tax?(1 point) Responses A sales tax on goods and services is paid by a region's residents and a use tax is paid by non-residents, both at the point of sale. A sales tax on goods and services is paid by a region's residents and a use tax is paid by non-residents, both at the point of sale. A sales tax is levied on the purchases of goods while a use tax is levied on the purchases of sevices. A sales tax is levied on the purchases of goods while a use tax is levied on the purchases of sevices. A sales tax is on the purchase of goods and services at the point of sale while a use tax is paid on goods and services purchased when sales tax was not paid. A sales tax is on the purchase of goods and services at the point of sale while a use tax is paid on goods and services purchased when sales tax was not paid. A sales tax is collected when a good or service is purchased by a consumer while a use tax is collected when a good or service is purchased by a businesses.

Question

What are the differences between a sales tax and a use tax?(1 point) Responses A sales tax on goods and services is paid by a region's residents and a use tax is paid by non-residents, both at the point of sale. A sales tax on goods and services is paid by a region's residents and a use tax is paid by non-residents, both at the point of sale. A sales tax is levied on the purchases of goods while a use tax is levied on the purchases of sevices. A sales tax is levied on the purchases of goods while a use tax is levied on the purchases of sevices. A sales tax is on the purchase of goods and services at the point of sale while a use tax is paid on goods and services purchased when sales tax was not paid. A sales tax is on the purchase of goods and services at the point of sale while a use tax is paid on goods and services purchased when sales tax was not paid. A sales tax is collected when a good or service is purchased by a consumer while a use tax is collected when a good or service is purchased by a businesses.

Answer 1

The correct response is: A sales tax is on the purchase of goods and services at the point of sale while a use tax is paid on goods and services purchased when sales tax was not paid.

This statement accurately differentiates between the two types of taxes: sales tax is collected at the time of purchase, while use tax applies to items purchased without sales tax, often in situations where the buyer uses the items in a different jurisdiction that imposes a sales tax.