Luxury Tax

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Luxury Tax

A tax on a good or service that is not considered essential. Luxury taxes may be levied, for example, on sail boats or gold watches. Luxury taxes primarily impact wealthy persons, but are otherwise structured like a sales tax or a VAT. That is, a luxury tax is a percentage of the value (or the added value) of the good or service being sold.

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No references found			The Centre has mooted Goods & Services Tax (GST) from April 1, 2010, to replace current VAT system, state-level direct & indirect taxes, excise duties, service tax & luxury tax. No GST for oil & liquor items by Mail Today (New Delhi, India) By trading him now, the Lakers will save roughly $2 million, including the luxury tax hit. LAKERS NOTEBOOK: Mihm traded to Grizzlies by Daily News (Los Angeles, CA) High-street cosmetics store Superdrug has blasted Chancellor Gordon Brown for putting a full luxury tax rate on children's sun care products. Campaign to cut tax on sun screen by Evening Chronicle (Newcastle, England)			Lucro da Exploracao Lucro eventual Lucro liquido Lucro nao distribuido Lucro realizado Lucros retidos Luddite Ludwig von Mises LUF LULUs Luma Lumber Lump of Labor Lump Sum Lump Sum Distribution Lump-Sum Distribution lump-sum payment Lump-Sum Tax Lusophone LUST Lutine Bell Luxembourg Franc Luxembourg Stock Exchange Luxury Luxury Automobile Luxury Tax LV LVL Lwei LY Lyapunov Exponents LYD LYON M M&IE M-1, M-2 and M-3 M1 M2 M3 MA Ma Bell MAB Macanese Pataca Macaroni Defense Macaulay duration Macedonian Denar Macro Macro Country Risk Macro Country Risks Macroassessment Macroeconomia			Luxury good Luxury good Luxury goods Luxury goods Luxury goods Luxury goods Luxury goods Luxury High-Performance Sedan Luxury Home Marketing Institute Luxury Hospital Luxury Life Kills luxury liner Luxury Mediterranean Yachting Luxury move-up home Luxury Multipurpose Vehicle luxury perfusion luxury perfusion luxury perfusion luxury perfusion syndrome Luxury product Luxury product Luxury product Luxury product luxury Products luxury Products luxury Products luxury Products luxury room Luxury Sedan Luxury Sport Utility Vehicle Luxury Tax Luxury Taxes Luxury Taxes Luxury Touring Luxury Utility Vehicle Luxury vehicle Luxury Vinyl Tile Luxury Yacht Group LLC luxus LuxX LUYAA LUYC LUYD LUYF Luyia Luyia Luynes, Charles d'Albert, duc de LUYSA Luz Luz Luz Luza Luzán, Ignacio de Luzanovka Luzern Luzern Luzern Luzern Luzern (Stadt) Luzern (Stadt) Luzern (Stadt)

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