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Implicit tax |
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Implicit taxLower or higher before-tax required returns on assets that are subject to lower or higher tax rates.Implicit tax Similar MatchesImplicit Bankruptcy CostsImplicit Bankruptcy CostsOpportunity costs incurred prior to the bankruptcy process such as the loss of sales or financing. Implicit price deflatorImplicit price deflatorA broad measure of prices derived from separate estimates of real and nominal expenditures for GDP or a subcategory of GDP. Without qualification the term refers to the GDP deflator and is thus an index of prices for everything that a country produces, unlike the CPI, which is restricted to consumption and includes prices of imports. GDP implicit price deflatorGDP implicit price deflatorAn economic technique used to account for inflation by comparing the current-dollar gross domestic product GDP to constant-dollar GDP as a ratio. The ratio accounts for price changes of goods and services that make up GDP and changes in the composite of GDP. Implicit tariffImplicit tariff1. Tariff revenue on a good or group of goods, divided by the corresponding value of imports. Often lower than the official or statutory tariff, due both to PTAs and due to failures in customs collection. 2. The difference between the price just inside a border and the price just outside it, especially in the case of a good protected by an import quota. |
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