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indirect tax

   Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson 0.10 sec.
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.

Notes:
Fuel, liquor, and cigarette taxes are just a few examples of this.

indirect tax
A tax paid by an entity other than the one on which it is levied. For example, a retail sales tax is collected and remitted to the government by a business even though the tax is ultimately paid by the consumers. Compare direct tax.
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? Mentioned in ? References in periodicals archive
 
Keith Miller, Chair of the Chapter's Indirect Tax Committee, and Will Morris, Chair of the European Tax Committee, respectively, followed Ms Bennett, summarizing the committees' activities in monitoring VAT and direct tax developments as well as updating attendees on currently pending advocacy projects.
OECD updates TEI's European Chapter by Tax Executive
Based on the authors' experience, the indirect tax staff and the procurement department--the front-line agents in realizing and possibly identifying such savings--are rarely included when evaluating capital investment decisions.
Collaborative Cap-X process pays benefits: an integrated capital ... by LaFaver, Mary Faye / Financial Executive
In addition to relieving the City of its obligation to pay substantial maintenance and capital repair costs, the new stadium is expected to generate about $96 million more per year in direct and indirect tax revenue than the City would have received from the team without it.
IDA gives its okay for Yankees, Mets stadium deal by Real Estate Weekly
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