What are the differences between a sales tax and a use tax?(1 point) Responses 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 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. 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. 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 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.

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 defines the differences between sales tax and use tax. Sales tax is collected at the time of purchase, while use tax is applied to goods and services for which the sales tax was not collected at the time of sale, often applicable to items purchased out of state or online.