indirect tax

indirect tax
Categorically, a tax other than one imposed directly upon property according to its value, for example, an occupation tax. Foster & Creighton Co. v Graham, 154 Tenn 412, 285 SW 570, 47 ALR 971, 975. Loosely, a tax paid by a person who can shift the burden to another person or who is not under legal compulsion to pay. 51 Am J1st Tax § 25.

Ballentine's law dictionary. . 1998.

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  • indirect tax — ➔ tax1 * * * indirect tax UK US noun [C] ► TAX a tax on goods or services that are bought, rather than on income: »They have created a type of underground economy in order to avoid paying indirect taxes. »Sales Tax and Value Added Tax are… …   Financial and business terms

  • Indirect tax — Indirect In di*rect , a. [Pref. in not + direct: cf. F. indirect.] [1913 Webster] 1. Not direct; not straight or rectilinear; deviating from a direct line or course; circuitous; as, an indirect road. [1913 Webster] 2. Not tending to an aim,… …   The Collaborative International Dictionary of English

  • indirect tax — n a tax which is added to the cost of goods and services →↑direct tax >.indirect tax ation n [U] …   Dictionary of contemporary English

  • indirect tax — indirect taxes N COUNT An indirect tax is a tax on goods and services which is added to their price. Compare direct tax …   English dictionary

  • indirect tax — in·di·rect tax /ˌin də rekt , dī / n: excise Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • indirect tax — noun count a tax on goods and services rather than on income …   Usage of the words and phrases in modern English

  • indirect tax — n. a tax on certain manufactured goods, imports, etc. that is paid indirectly by the consumer because it is included in the price …   English World dictionary

  • Indirect tax — The term indirect tax has more than one meaning.In the colloquial sense, an indirect tax (such as sales tax, value added tax (VAT), or goods and services tax (GST)) is a tax collected by an intermediary (such as a retail store) from the person… …   Wikipedia

  • indirect tax — noun a tax levied on goods or services rather than on persons or organizations • Hypernyms: ↑tax, ↑taxation, ↑revenue enhancement • Hyponyms: ↑hidden tax, ↑duty, ↑tariff, ↑excise, ↑ …   Useful english dictionary

  • indirect tax — UK / US noun [countable] Word forms indirect tax : singular indirect tax plural indirect taxes economics a tax on goods and services rather than on income …   English dictionary

  • indirect tax — tax which is not collected directly from the payer …   English contemporary dictionary

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