indirect tax


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indirect tax

a tax levied on goods or services rather than on individuals or companies
References in periodicals archive ?
The gross tax revenue is consolidated for all direct tax and indirect tax levies in India to measure the tax revenue collection in government of India exchequer.
From an information collection standpoint, transfer pricing, customs, and indirect tax are similar.
Vertex's On-Demand solutions allows companies to automate and manage their indirect tax processes, while also accessing the benefits of a hosted solution, including the elimination of up-front capital expenditures and customer application support and maintenance, the ability to deploy solutions rapidly, a lower total cost of ownership and a decrease in the time it takes to realize value.
Thomson Reuters is long-known as a leading technology solution provider in the Tax and Accounting sector, and we are thrilled to see them integrate ONESOURCE Indirect Tax with Concur Invoice," said Phong Nguyen, SVP & GM of Concur Expense and Invoice.
The buoyancy of the indirect tax is positively influenced by the growth in the industrial sector and growth in import sector and negatively influenced by the growth in the agriculture sector.
Editorial is designed to cover a wide variety of indirect tax issues in various jurisdictions with information on such specific issues as the European VAT law, Australian customs regulations, the U.
Less well-off households were found to proportionally pay out the most in direct and indirect tax, with 42% of their gross household income being swallowed up.
The awards are a major highlight of the Indirect Tax world's calendar, recognising achievement and endeavour across the world of Indirect Tax.
The results suggest that increased capital spending financed by higher indirect tax revenue collections through base broadening has sizeable growth effects over the medium and long-term.
Similarly during FY-2012-13 FBR indirect tax collection is budgeted at Rs 1,449 billion showing a growth 20% over the revised estimates of Rs 1,207 billion in FY-12.
In April, 2012, the indirect tax collection was Rs.
The tax professionals featured in the guide are identified by researchers who conduct in-depth evaluations of indirect tax practitioners worldwide.