indirect tax


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indirect tax

a tax levied on goods or services rather than on individuals or companies
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
References in periodicals archive ?
The United States of America has a distinct indirect tax regime where, unlike other countries using a national VAT regime for example, indirect taxes are set on a state-by-state basis.
It is added that this BiH entity filed a lawsuit against another BiH entity, the Federation of BiH, for damages suffered because of the disapproval of the uncontested Draft Decisions on the Calculation of Indicators for the Distribution of Indirect Taxes from July 2017 to December 2018, and the Proposal for calculating the second interim settlement in 2017 between the two entities.
Across the whole population, the IFS calculates 30 per cent of people are in households that receive more in cash benefits than they pay in direct and indirect taxes.
Across the whole population, the IFS calculates 30% of people are in households that receive more in cash benefits than they pay in direct and indirect taxes.
He said one of the objectives of tax reforms was to improve the tax structure by reducing reliance on indirect taxes like import duties and central excise duties and increasing the share of direct taxes.
"The average bills from direct and indirect tax that retired households face take a substantial bite out of incomes, underlining how important it is to consider all potential sources of income in retirement.
A statement from Qatar Chamber quoted GTA head of Indirect Tax Hamad Mohamed al-Attiyah as saying, "that the list of goods of [excise] tax is not final...other goods can be added or existing goods can be removed."
New Delhi [India], Feb 6 (ANI): The Union Cabinet has approved the proposal for the abolition of Institution of Income-Tax Ombudsman and Indirect Tax Ombudsman.
Firstly, policies should be made to increase the direct tax base while keeping indirect taxes as low as possible.
This compares to 60 lakh indirect tax payers in the pre-GST era, the Prime Minister said.
Indirect tax receipts totaled 10.3 billion dinars at the end of October 2017, compared to 9.1 billion in October 2016, up 13.5% against only 3.7%.