<P> Property taxes are imposed by most local governments and many special purpose authorities based on the fair market value of property . School and other authorities are often separately governed, and impose separate taxes . Property tax is generally imposed only on realty, though some jurisdictions tax some forms of business property . Property tax rules and rates vary widely with annual median rates ranging from 0.2% to 1.9% of a property's value depending on the state . </P> <P> Sales taxes are imposed by most states and some localities on the price at retail sale of many goods and some services . Sales tax rates vary widely among jurisdictions, from 0% to 16%, and may vary within a jurisdiction based on the particular goods or services taxed . Sales tax is collected by the seller at the time of sale, or remitted as use tax by buyers of taxable items who did not pay sales tax . </P> <P> The United States imposes tariffs or customs duties on the import of many types of goods from many jurisdictions . These tariffs or duties must be paid before the goods can be legally imported . Rates of duty vary from 0% to more than 20%, based on the particular goods and country of origin . </P> <P> Estate and gift taxes are imposed by the federal and some state governments on the transfer of property inheritance, by will, or by lifetime donation . Similar to federal income taxes, federal estate and gift taxes are imposed on worldwide property of citizens and residents and allow a credit for foreign taxes . </P>

Is a tax issued by the federal government on imported goods