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indirect tax

   Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.09 sec.
indirect tax
n.
A tax, such as a sales tax or value-added tax, that is levied on goods or services rather than individuals and is ultimately paid by consumers in the form of higher prices.

indirect tax
Noun
a tax levied on goods or services which is paid indirectly by being added to the price
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.indirect tax - a tax levied on goods or services rather than on persons or organizations
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
hidden tax - a tax paid unwittingly by the consumer (such as ad valorem taxes)
tariff, duty - a government tax on imports or exports; "they signed a treaty to lower duties on trade between their countries"
excise, excise tax - a tax that is measured by the amount of business done (not on property or income from real estate)


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Keith Miller, Chair of the Chapter's Indirect Tax Committee, and Will Morris, Chair of the European Tax Committee, respectively, followed Ms Bennett, summarizing the committees' activities in monitoring VAT and direct tax developments as well as updating attendees on currently pending advocacy projects.
Based on the authors' experience, the indirect tax staff and the procurement department--the front-line agents in realizing and possibly identifying such savings--are rarely included when evaluating capital investment decisions.
In addition to relieving the City of its obligation to pay substantial maintenance and capital repair costs, the new stadium is expected to generate about $96 million more per year in direct and indirect tax revenue than the City would have received from the team without it.
 
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