indirect tax

indirect tax
noun
a tax levied on goods or services rather than on persons or organizations
• Hypernyms: ↑tax, ↑taxation, ↑revenue enhancement
• Hyponyms: ↑hidden tax, ↑duty, ↑tariff, ↑excise, ↑excise tax

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noun
: a tax exacted indirectly from a person other than the one on whom the ultimate burden of the tax is expected to fall

excise and customs duties are generally included under indirect taxes

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a tax levied indirectly, as one levied on commodities before they reach the consumer but ultimately paid by the consumer as part of the market price.
[1795-1805]

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indirect tax noun
One collected not directly from the taxpayer but through an intermediate agent, as eg a customs duty or sales tax
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Main Entry: ↑indirect

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indirect tax UK US noun [countable] [singular indirect tax plural indirect taxes] economics
a tax on goods and services rather than on income
Thesaurus: types of tax and taxationhyponym

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indirect tax,
a tax paid indirectly by the consumer and included in the price of the article.

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ˌindirect ˈtax [indirect tax indirect taxation] noun countable, uncountable
a tax that is paid as an amount added to the price of goods and services and not paid directly to the government
Derived Word: ↑indirect taxation

Useful english dictionary. 2012.

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Look at other dictionaries:

  • indirect tax — ➔ tax1 * * * indirect tax UK US noun [C] ► TAX a tax on goods or services that are bought, rather than on income: »They have created a type of underground economy in order to avoid paying indirect taxes. »Sales Tax and Value Added Tax are… …   Financial and business terms

  • Indirect tax — Indirect In di*rect , a. [Pref. in not + direct: cf. F. indirect.] [1913 Webster] 1. Not direct; not straight or rectilinear; deviating from a direct line or course; circuitous; as, an indirect road. [1913 Webster] 2. Not tending to an aim,… …   The Collaborative International Dictionary of English

  • indirect tax — n a tax which is added to the cost of goods and services →↑direct tax >.indirect tax ation n [U] …   Dictionary of contemporary English

  • indirect tax — indirect taxes N COUNT An indirect tax is a tax on goods and services which is added to their price. Compare direct tax …   English dictionary

  • indirect tax — in·di·rect tax /ˌin də rekt , dī / n: excise Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • indirect tax — noun count a tax on goods and services rather than on income …   Usage of the words and phrases in modern English

  • indirect tax — n. a tax on certain manufactured goods, imports, etc. that is paid indirectly by the consumer because it is included in the price …   English World dictionary

  • Indirect tax — The term indirect tax has more than one meaning.In the colloquial sense, an indirect tax (such as sales tax, value added tax (VAT), or goods and services tax (GST)) is a tax collected by an intermediary (such as a retail store) from the person… …   Wikipedia

  • indirect tax — UK / US noun [countable] Word forms indirect tax : singular indirect tax plural indirect taxes economics a tax on goods and services rather than on income …   English dictionary

  • indirect tax — tax which is not collected directly from the payer …   English contemporary dictionary

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