output tax

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Output Tax

In the United Kingdom, the value added tax that a business charges customers on the products it sells. This contrasts with the input tax, which is the VAT that the business pays on its inventory and other goods. If the output tax exceeds the input tax, the business must pay the difference to the government. On the other hand, if the input tax exceeds the output, the government refunds the difference to the business.

output tax

see VALUE-ADDED TAX.
References in periodicals archive ?
Real world output taxes do not appear to be calculated that way.
Will there be a targeting of tax instruments with output taxes used for financing public goods and tax competition and emission taxes solely for combating emissions?
However, as a rule, this literature does not distinguish between emission and output taxes, ignores the question of the public good provision, and is cast in terms of competition between imperfectly competitive firms.
9) The intuition for this result must be seen in the availability of output taxes for tax competition.
The main import of Propositions 2 and 3 is that economic integration leads to competition in output taxes.
Then, economic integration leads to a lowering of output taxes, lower polluting good prices, an increase in emission taxes, adoption of less (or same) polluting technologies, increased aggregate emissions, and lower overall welfare levels.
Alternatively, the countries may harmonize their emission taxes and then determine output taxes independently.
The article has shown that competitive concerns change the structure of output taxes but not that of emission taxes.
Goulder, "The Choice between Emission Taxes and Output Taxes under Imperfect Monitoring, " Journal of Environmental Economics and Management, 32(1997), pp.
Koenig [20] also assumes that regulators use both specific and ad valorem output taxes when examining a related question -- the benefits (under uncertainty) of allowing regulators to impose output taxes along with a direct effluent tax.