ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of ratio analysis / financial analysis
With over 3,600 accounting terms and growing, we are the Internet's most complete and popular accounting dictionary of accounting terms. Ranked #1 by all major search engines for: Accounting Terms, Accounting Dictionary, and Accounting Glossary.
Your requested accounting terms definition is below. If you require additional accounting glossary definitions, please enter the accounting terms you require.
ZERO-RATED SALES Definition
- ZERO-RATED SALES
ZERO-RATED SALES is when a sale is taxable at the rate of 0%, i.e. no sales tax. Some examples could be: basic groceries, prescription drugs or certain medical devices.
