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indirect tax

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
indirect tax
a tax levied on goods or services rather than on individuals or companies


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However, the global lessons on indirect tax may be more relevant, as several GCC countries continue to ponder introducing value added tax (VAT) as a way of raising additional revenue.
However, the global lessons on indirect tax may be more relevant, as several GCC countries continue to ponder introducing value added tax (VAT) as a way of raising additional revenue.
In recent years, the average global indirect tax rate has hovered in a narrow range between 15% and 16%.
 
 
 
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