Indirect taxation
Definition: A surcharge on price imposed on the sale of goods and services by the government. Indirect taxes are therefore taxes on expenditure.
INDIRECT TAX - A tax you do not pay directly, but which is passed on to you by an increase in your expe...
INDIRECT TERMS - The price of a unit of domestic currency in foreign currency terms. See: Direct terms.
Indirect taxation
Taxes that do not come straight out of a person's pay packet or ASSETS, or out of company PROFIT. For example, a CONSUMPTION tax, such as VALUE-ADDED tax (see EXPENDITURE TAX). Contrast with DIRECT TAXATION, such as INCOME TAX.
Indirect Taxes
taxes paid by consumers when they buy goods and services. A sales tax is an example.
Inflation Tax ...
INDIRECT TAX
A tax that is levied on expenditure, such as a sales tax imposed at the retail level, excise tax, or value-added tax.
Indirect tax - A tax imposed on expenditure.
Indirect taxes - Taxes on expenditure ( e.g. value added tax (VAT)) Paid to the tax authorities, not by the consumer but indirectly by the suppliers of the goods or services.
indirect tax, typically on an ad valorem basis, applicable to a production process or stage. For example, when manufacturing activity is completed, a tax may be charged on some companies. Sales tax occurs when merchandise has been sold.
Indirect Tax
A tax that increases the price of a good so that consumers are actually paying the tax by paying more for the products.
What Is Fiscal Policy?
An indirect tax on consumption that is assessed on the increased value of goods at each discrete point in the chain of production and distribution, from the raw material stage to final consumption.
These are indirect taxes because the tax is included in the price and is paid by the firm selling the cigarettes and alcohol.
The tax is regressive because cigarette taxes take a larger % of income from low paid workers.
Method of indirect taxation whereby a tax is levied at each stage of production on the value added at that specific stage.
Value additivity principal ...
Method of indirect taxation that levies a tax is at each stage of production on the value added at that specific stage.
A form of indirect taxation imposed on a firm's sales revenues.
Français: Taxe sur le chiffre d'affaires
Español: Impuesto sobre el volumen de negocio, impuesto sobre la cifra de venta
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Direct and indirect taxation
Taxes are sometimes referred to as direct or indirect. The meaning of these terms can vary in different contexts, which can sometimes lead to confusion.
Value-added tax Method of indirect taxation that levies a tax is at each stage of production on the value added at that specific stage.
INDIRECT TAX Tax imposed on certain transactions, goods or events. Examples include VAT, sales tax, excise duties, stamp duty, services tax, registration duty and transaction tax
INDIRECT TAX CREDIT See: Credit, underlying (indirect) tax ...
hidden tax An indirect tax levied on goods and/or services at some point during the production cycle and paid unknowingly by the consumer. high The greatest value that a security or currency hit during a specific period...
See: Variable rated demand bond Value-added tax Method of indirect taxation whereby a tax is levied at each stage of production on the value added at that specific stage.
An indirect tax levied on goods and services at each stage of production in many countries. A company or trader registered for VAT pays its ...(Read more)
Value At Risk ...
The governing theory was that direct taxes appertained to the states, while the Empire must rely on indirect taxation.
Main articles: Direct tax and Indirect tax
Taxes are sometimes referred to as direct taxes or indirect taxes. The meaning of these terms can vary in different contexts, which can sometimes lead to confusion.
Although tax farming is no longer practiced, it was common in the cities of ancient Greece and in republican Rome, where the collection of direct taxes was farmed out to publicans; in the Roman Empire only indirect taxes were farmed.
taxes" like income tax, social security tax, real property tax, estate tax, poll tax, business or professional license fees) or as some form of compulsory surcharge on one or more types of private trade or other voluntary transactions ("indirect ...
An indirect tax, assessed on increments in the value of a product from the raw-material stage through the production process to final sale.
Indirect Tax
Indirect terms
Individual Development Account - IDA
Individual Retirement Account
Individual Retirement Account (IRA) rollover
Individual Retirement Account - IRA
Individual tax return
Inductive reasoning ...
indicator of inflation excluding indirect tax and mortgages in the United Kingdom, an index based on the retail price index that excludes mortgage interest payments and indirect taxation ...
Rekhi Committee A committee on INDIRECT TAXES, that submitted its report in 1992, containing recommendations for simplification and streamlining of customs and central excise laws and procedures.
Direct Tax
Tax that is paid directly such as income or property tax, as opposed to indirect taxes. Indirect taxes include tariffs and business taxes. See also "Indirect Tax." ...
measure of inflation calculated by weighting the costs of goods and services to approximate a typical family's spending pattern. RPI-X is the Retail price index excluding mortgage interest. RPI-Y is the Retail price index excluding indirect taxes and ...
Because the value of any good or service is the sum of its inputs plus profit, the sum of the labor services, capital services (gross profit including depreciation), and indirect taxes less net business subsidies must equal the value of output, GDP.
These include capital and insurance premium taxes; payroll levies (e.g., health taxes, Unemployment Insurance, Canada Pension Plan, Quebec Pension Plan, Workers' Compensation); property taxes; and indirect taxes, such as sales and excise taxes, ...
The government uses the money collected through tax to fund public spending. Taxing what is earned is called direct taxation, while taxing what is spent (i.e. levying the charge on the price of a good or service) is indirect taxation.
To ensure that tax applies only once to the final consideration paid for a consumer expenditure, registered businesses are entitled to credits for tax paid on inputs into making taxable supplies. Put another way, Method of indirect taxation whereby ...
Rebate of indirect taxes (taxes on other than direct income, such as a sales tax or VAT) on exported goods, and levying of them on imported goods. May distort trade when tax rates differ or when adjustment does not match the tax paid.
 See also: Value added, Value-added tax, Value-added, Banks, Direct taxation
  
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