direct tax


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Related to direct tax: indirect tax, income tax

direct tax

n.
A tax, such as an income or property tax, levied directly on the taxpayer.

direct tax

n
(Economics) a tax paid by the person or organization on which it is levied. Compare indirect tax
direct taxation n

direct′ tax′


n.
a tax, as an income or property tax, exacted directly from the persons who will bear the burden of it.
[1785–90, Amer.]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.direct tax - a tax paid directly by the person or organization on whom it is levied
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
Translations
impôt direct

direct tax

nimposta diretta
References in classic literature ?
The Confederation itself authorizes a direct tax, to a certain extent, on the post office.
The provisional figures of Direct Tax collections up to February, 2018 show that net collections are at Rs.
8 (ANI): Provisional figures of direct tax collections up to February 2018 show net collections at Rs.
Withholding tax (WHT) contributed a major chunk of around 67 per cent in gross direct tax during 2016-17.
According to SDPI's report, total accumulated direct tax collection by FBR was recorded at Rs1.
New Delhi: Direct Tax collections in the first nine months of the current fiscal grew 18.
This dismal situation could be improved only through introducing direct tax regime and reducing the present GST rates that were highest in the region.
44 lakh crore was 88 per cent of the full year target while direct tax collection of ` 5.
Finally, the Article reviews the Supreme Court's holding that the Affordable Care Act's penalty for not acquiring insurance is a tax but not a direct tax and concludes that if the penalty was a tax, it was direct.
Now, according to the canons of taxation, a direct tax is collected from the person who actually bears it.
Speaking on the resolution moved by PTI's Asad Umar, the members emphasized the need for broadening the direct tax base and increasing tax to GDP ratio to achieve self reliance.
Summary: New Delhi: Finance Minister P Chidambaram today said work on the Direct Tax Code (DTC) .

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