- use tax
- A tax levied upon the use, storage, or consumption of tangible personal property purchased outside the taxing state or taxing district, being a supplement or complement of a sales tax, imposed to prevent residents of a jurisdiction having a sales tax from making purchases outside the jurisdiction in order to avoid such tax. 47 Am J1st Sales T § 42. The Iowa use tax statute does not impose a tax on the use in Iowa of all personal property, but only such property as was purchased for use in Iowa. Morrison- Knudsen Co. v State Tax Com. 242 Iowa 33, 44 NW2d 449, 41 ALR2d 523.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Look at other dictionaries:
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