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A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption ...

Sales taxes in the United States are taxes placed on the sale or lease of goods and services in the United States.Sales tax is governed at the state level and no national general sales tax exists. 45 states, the District of Columbia, the territories of Puerto Rico, and Guam impose general sales taxes that apply to the sale or lease of most goods and some services, and states also may levy ...

The use of option fees is most common in the residential resale market in Texas. [citation needed] Option fees in Texas. The residential real estate industry in Texas is unique in that the real estate sales contract forms used in most transactions in the state are developed through a state agency, the Texas Real Estate Commission (TREC). TREC's ...

For the 10 years of the tax benefit period, reduced local school district revenues are substantially replaced with state funds through the state public school finance system. The Texas Tax Code gives to the Texas Comptroller's office responsibility and authority to adopt rules necessary for the implementation and administration or the program.