What is a tax on the transfer of the right to use any goods for any purpose?
A tax on the transfer of the right to use any goods for any purpose is a tax levied on the transaction where one party transfers the right to utilize certain goods, for a specified period or otherwise, in exchange for cash, deferred payment, or other valuable consideration. This type of tax is included under the umbrella term "tax on the sale or purchase of goods" and is considered a taxable event.