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indirect tax
(redirected from Indirect taxes)

   Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson 0.03 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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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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