Meaning | A tax that is measured by the amount of business done (not on property or income from real estate). |
---|
Synonym | excise |
---|
Narrower | VAT, value-added tax, ad valorem tax | A tax levied on the difference between a commodity's price before taxes and its cost of production |
---|
gasoline tax | A tax on every gallon of gasoline sold |
sales tax, nuisance tax | A tax based on the cost of the item purchased and collected directly from the buyer |
Broader | indirect tax | A tax levied on goods or services rather than on persons or organizations |
---|
Spanish | especiales, impuesto al consumo, impuesto especial, impuesto sobre el consumo |
---|