purchase tax


Also found in: Financial, Wikipedia.

purchase tax

n
(Economics) Brit a tax levied on nonessential consumer goods and added to selling prices by retailers
Translations

purchase tax

n (Brit) → imposta sugli acquisti
Mentioned in ?
References in periodicals archive ?
Purchase tax is in the range of three percent, applicable on local and foreign businessmen.
Sales of new-energy vehicles have been strong since the second half of 2014 following the governments announcement to waive the purchase tax for new-energy vehicles in August.
SIR - As VAT is a cumulative tax on tax as it is applied at each stage of manufacture, we were conned when they said it would simply replace purchase tax.
AS VAT is a cumulative tax on tax, as it is applied at each stage of its manufacture, we were conned when they said it would simply replace purchase tax.
In 1953 a 100E would have cost the princely sum of PS360 plus around PS151 in purchase tax, making it very popular with families.
The unfair Council Tax, the burden of which falls unfairly on a minority, should be replaced by a local purchase tax, (not paid on food, fuel, etc.
With the implementation of fiscal subsidies, demonstration and popularization, purchase tax exemption, local barriers-dismantling and other favorable policies, China's electric vehicle market has seen accelerated development.
Continuing the tradition of good value British sports cars, Healey decided to make a high performance car costing PS1000, following the Government's decision to double the purchase tax on luxury cars over that value.
At the 1960 Earls Court Motor Show it carried a pricetag of PS1,168 plus a few shillings and pennies, inclusive of the hated purchase tax.
Worried over farmer backlash due to sugar mills not buying their crop, the Akhilesh Yadav government waived entry tax and purchase tax to soften the high procurement price but factory owners were not satisfied.
Republic Bancorp has announced that it is pulling out of a deal to purchase tax preparing firm, H&R Block's banking arm.
A report on car taxation by the think-tank Centre Forum, backed by Energy and Climate Change Minister Ed Davey, looks at replacing vehicle excise duty with a one-off purchase tax based on carbon dioxide emissions.