a governmental assessment (charge) upon property value, transactions (transfers
and sales), licenses granting a right and/or income. These include federal and state
income taxes, county and city taxes on real property, state and/or local sales tax
based on a percentage of each retail transaction, duties on imports from foreign
countries, business licenses, federal tax (and some states' taxes) on the estates
of persons who have died, taxes on large gifts and a state "use" tax in lieu of
sales tax imposed on certain goods bought outside of the state.
See also ad valorem capital gains estate tax franchise tax gift tax income tax
unified estate and gift tax use tax
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