indirect tax Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “indirect tax” in the English Dictionary

(Definition of indirect tax from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"indirect tax" in Business English

See all translations

indirect taxnoun [C]

uk   us  
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 ​avoidpayingindirecttaxes. Sales Tax and Value Added Tax are ​examples of ​indirecttaxes.
Compare
indirect taxation
noun [U]
To ​compensate for the ​increase in ​indirecttaxation, ​personalincometax has been ​cut.
(Definition of indirect tax from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of indirect tax?
Add Cambridge dictionaries to your browser to your website

“indirect tax” in British English

“indirect tax” in Business English

Word of the Day

hipster

someone who is very influenced by the most recent ideas and fashions

Word of the Day

Chest pains and palpitations: talking about illness (2)
Chest pains and palpitations: talking about illness (2)
by Liz Walter,
February 03, 2016
My previous post (My leg hurts: Talking about illness (1)) presented some general vocabulary to use at the doctor’s. This one looks at some more specific areas of illness and explains some useful words and phrases that you may need to use or understand on a visit to the doctor’s. There are several

Read More 

awesomesauce noun
awesomesauce noun
February 01, 2016
slang the state of being extremely good or enjoyable or something or someone that is extremely good or enjoyable Recovering from the awesomesauce of another fab #Vidcon!!

Read More