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Turnover Tax
(redirected from Turnover Taxes)

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.01 sec.
Turnover Tax
A tax paid on a good during or after its manufacture, rather than when it is sold. It is usually calculated as a percentage of the value of a good.


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Finally, in a concurrent session, Rolf Diemer, Head of the VAT and turnover taxes unit of the European Commission, discussed the Commission's proposal on the place of supply of services.
Pursuant to various tax rules and regulations, the Group is liable to pay turnover taxes to the national and local tax authorities at the following rates: Applicable turnover tax rates Segment Prior to After March 6, 1996 March 6, 1996 Railroad businesses 3.
Under the terms of the agreement, Fritz clients can have immediate access via modem to information such as foreign class numbers, class descriptions, Most Favored Nation duties, preference information, and internal rates for Value Added Taxes and Turnover Taxes.
 
 
 
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