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indirect tax |
Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson | 0.03 sec. |
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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.See also: Direct Tax, Gas Guzzler Tax
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Diligent management of both the expenditures for and indirect taxes associated with capital equipment, and for investments in people (the "Cap-X" process), has become a critical factor in successful investment decisions. The Chapter has added indirect taxes as an integral part of the all-day technical sessions. The move to higher indirect taxes makes sense, but by applying this method broadly, Japan has imported yet another foolish Western economic argument--the one that says product taxes, or taxes that target specific products, should be abolished in favor of across the board consumption taxes. |
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