Two-tier tax system

Two-tier tax system

Taxation system that results in taxing the income going to shareholders twice.
References in periodicals archive ?
Crowley, "Worcester has a two-tier tax system, which places a much higher tax on businesses than do Shrewsbury or Westboro.
This after the introduction of exchanges with the exciting and novel two-tier tax system i.
Clements favors a two-tier tax system for the new district, one that would ensure equity between urban areas that already pay for their own police protection.
Pensioners' leaders and opposition MPs last night slammed a two-tier tax system which had hit both old folk and motorists in the pocket.
The city projects are helped along by a two-tier tax system that encourages the redevelopment of vacant downtown land.
The Treasury study identified three major economic distortions caused by the classical two-tier tax system that integration would eliminate.
WORCESTER - One vote has kept the city's two-tier tax system safe from probing commissioners, and efforts to unload the airport on the commonwealth continue to include the possibility of an airport access road that would address the city's long-range East-West traffic flow.
Would a two-tier tax system be needed to ensure equity between urban areas, which already pay for their own police protection, and rural areas, which rely on the sheriff's office for law enforcement services?
Still, its two-tier tax system sends a message that businesses and the jobs and revenue they bring are not particularly welcome here.
Morgan has long been a critic of the two-tier tax system that Worcester adopted in 1984.
In addition to support for the WorldPay payment gateway, StoreFront allows for the operation of web stores in all windows languages and currencies, and two-tier tax systems are supported for countries with multi-level tax structures, such as country tax, VAT and PST/GST.
Support for all windows-supported languages and currency types, foreign currency conversion, varied payment methods and two-tier tax systems make it easy for merchants to do business around the world.