hidden tax

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Hidden Tax

A tax that is built in to the price of a good or service that the buyer does not see. That is, rather than being added at the end of a transaction, like a sales tax, hidden taxes are included in the price. Examples of hidden taxes include corporate taxes, which can cause companies to raise their prices so as not to reduce profit, and VAT, in which taxes are added at every stage of production. See also: Inflation tax.

hidden tax

an INDIRECT TAX that is incorporated into the PRICE of a good or service, but the consumer is not made fully aware of its existence or magnitude; for example, the amount of EXCISE DUTY included in the price of cigarettes and beer is not normally made known to the consumer. VALUE-ADDED TAX, by contrast, is incorporated into the price of a product at specified rates.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

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stealth tax

References in periodicals archive ?

The average household pays Au84 a year in hidden taxes on their energy bills and the figure looks set to rise, according to price comparison website uSwitch.com.

'Au80 cost' to combat climate change

The average household pays pounds 84 a year in hidden taxes on their energy bills and the figure looks set to rise, according to price comparison website uSwitch.com.

Hidden 'climate change' taxes are pushing up energy bills by more than pounds 80 a year

It is possible that hidden taxes could revolutionize the

Hidden taxes

These hidden taxes are understood to be raising billions for investments in free insulation, green measures and new generation power stations to replace many existing ones which will become defunct by 2020.

Energy giants accused of failing to pass on prices fall

These "hidden taxes" are understood to be raising billions for investments in free insulation, green measures and new-generation power stations to replace many existing ones which will become defunct by 2020.

moneytalk

While our MPs sit in their second (or third) homes, these unelected groups are left to seek ways to harass the electorate and burden them with hidden taxes..

Poor pigs; You Say Email:letters@liverpoolecho.co.uk

Aren't the different hidden taxes we pay everyday enough?

Idea nonsense

And such is this Government's love for imposing hidden taxes, are there any who would bet against that happening?

This could well turn into a dustbin tax; Voice of the North

And there will be no hidden taxes or fuel surcharges.

CHEAP FRILLS ON BA; pounds 29 to Spain in flights price war

It will focus on the Lib-Dems' flagship policies ofp scrapping student tuition fees p free personal care for the elderly p an extra 10,000 police officers and 20,000 community support officersp lower class sizes with 21,000 new primary school teachers p free eye and dental checks and lower prescription charges p scrapping the council taxp better pensions - pounds 100 a month more on the basic state pension for over-75s p women guaranteed a full basic pension The Liberal Democrats insist they have no hidden taxes and will set out just one tax-raising measure in their manifesto - a new top rate of income tax of 50p in the pound on earnings over pounds 100,000.

GENERAL ELECTION 2005: Liberal Democrat leader will offer voters a 'real alternative

I suggest we start by addressing various hidden taxes on business.

Rethinking the business-government relationship. (Leadership Lessons)

TRIP Executive Director William Wilkins said, "Motorists are paying hidden taxes as a result of extra vehicle operating costs resulting from additional tire wear, extra fuel consumption, and vehicle deterioration caused by driving on roads in need of repair.

The Road Information Program (TRIP) has reported that 23 percent of major roads in the nation's largest urban areas have significant deterioration that requires immediate repair or reconstruction. (Washington Report)

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