Indirect taxation


 

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Indirect taxation

Taxation which is levied in an indirect way rather than being charged directly on an individual's income or estate.The main example in the UK is value added tax (VAT) charged on goods and services and paid by consumers.



Similar Matches

Indirect terms

Indirect terms

The price of a unit of domestic currency in foreign currency terms. See: Direct terms.


Indirect method

Indirect method

Reporting in the statement of cash flow that adjusts or reconciles net income to cash from operations.


Direct-plus-indirect factor content

Direct-plus-indirect factor content

A measure of factor content that includes factors used in producing intermediate inputs, factors used in producing intermediate inputs to the intermediate inputs, and so forth. That is, it includes all primary factors that contributed however indirectly to production of the good. Contrasts with direct factor content.


Indirect costs of financial distress

Indirect costs of financial distress

Costs such as lost business as a result of bankruptcy or liquidation.


Indirect Exchange Rate

Indirect Exchange Rate

The foreign currency price of one unit of the home currency.


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