taxable goods
Revenue-generating commodities
Taxable goods are products subject to taxation at the point of sale or import.
The category varies by jurisdiction—most places exempt groceries and medicine while taxing electronics, clothing, or luxury items.
The store charged sales tax on taxable goods but not on the bread and milk.
Customs declarations require identifying taxable goods brought across borders.
- sales taxGovernment percentage on purchases
- excise taxTax on manufactured goods
- luxury itemsCostly non-necessities
- price tagDisplayed cost marker
- tariffTax on traded goods
dutiable · tax code · customs duty · border crossing · revenue generation · import tariffs · customs regulations · consumption tax · indirect tax · cash register · shopping cart · export duties · value-added tax · sin tax · fiscal policy · trade war · government revenue · tax compliance
taxable goodspersonal effects
Individual's portable possessions
humanitarian aid · duty-free allowance · charitable donations · diplomatic pouches · military supplies