indirect tax wikipedia - EAS
- An indirect tax (such as sales tax, per unit tax, value added tax (VAT), or goods and services tax (GST ), excise, consumption tax, tariff) is a tax collected by an intermediary (such as a retail store) from the person who bears the ultimate economic burden of the tax (such as the consumer). The intermediary later files a tax return and forwards the tax proceeds to government with the return.
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See all on Wikipediahttps://en.wikipedia.org/wiki/Indirect_taxAn indirect tax (such as sales tax, per unit tax, value added tax (VAT), or goods and services tax (GST), excise, consumption tax, tariff) is a tax that is levied upon goods and services before they reach the customer who ultimately pays the indirect tax as a part of market price of the good or service … See more
Tax incidence of indirect taxes is not clear, in fact, statutory (legal) incidence in most cases tells us nothing about economic (final) incidence. The incidence of indirect tax imposed on a good or service depends on See more
The term indirect tax has a different meaning in the context of American Constitutional law: see direct tax and excise tax in the United States See more
After the financial crisis, the governments of many countries still have strong funding needs. Whether it is financing the economic stimulus … See more
The main criterion to distinguish between direct tax and indirect tax is whether the tax burden can be passed on. Indirect taxes are levied on goods … See more
One of the characteristics of indirect taxes is that they are very closely related to economic conditions. Indirect taxes are usually subject to economic transactions, such as the sale of … See more
Wikipedia text under CC-BY-SA license- https://simple.wikipedia.org/wiki/Indirect_tax
An indirect tax is a tax that is paid as part of a product. Many countries tax gasoline or cigarettes, but they do so indirectly. Because of the tax, the product will be more expensive. In …
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- https://en.wikipedia.org/wiki/Talk:Indirect_tax
Taxes are most commonly classified as either direct or indirect, an example of the former type being the income tax and of the latter the sales tax. There is much disagreement among …
- https://www.investopedia.com/terms/i/indirecttax.asp
- Indirect taxes are defined by contrasting them with direct taxes. Indirect taxes can be defined as …
Excise duties on fuel, liquor, and cigarettes are all considered examples of indirect taxes. 2 By contrast, income tax is the clearest example of a direct tax, since the person earning the income is the one immediately paying the tax. Admission fees to a national park are another clear exampl…
- Indirect taxes are defined by contrasting them with direct taxes. Indirect taxes can be defined as …
- https://en.wikipedia.org/wiki/Tax
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the righ…
Wikipedia · Text under CC-BY-SA license- Estimated Reading Time: 9 mins
- https://en.wikipedia.org/wiki/Taxation_in_the_United_States
Taxes may be imposed on individuals (natural persons), business entities, estates, trusts, or other forms of organization. Taxes may be based on property, income, transactions, …
- https://corporatefinanceinstitute.com/resources/accounting/indirect-taxes
Dec 01, 2022 · Indirect taxes are basically taxes that can be passed on to another entity or individual. They are usually imposed on a manufacturer or supplier who then passes on the tax …
- https://en.wikipedia.org/wiki/Directorate-General...
The Directorate-General of Customs and Indirect Taxes ( French: Direction générale des douanes et droits indirects, DGDDI ), commonly known as les douanes (Customs), is the …
- https://en.wikipedia.org/wiki/Sales_tax
A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. …
Indirect tax - Wikipedia
https://wiki.alquds.edu/?query=Indirect_taxSep 21, 2022 · Property tax equalization; Tax revenue; Non-tax revenue; Tax law; Tax bracket; Tax threshold; Exemption; Credit; Deduction; Tax shift; Tax cut; Tax holiday; Tax advantage; …
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