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A tax that is levied upon goods and services before they reach the customer who ultimately pays the indirect tax as a part of the market price of the goods or services purchased.
Definition source: English Wiktionary via Wiktextract
Topics: economics, government, sciences, taxation
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
a tax levied on goods or services rather than on persons or organizations
Definition source: Princeton WordNet 3.0
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
Broader terms: tax, taxation, revenue enhancement
Narrower terms: hidden tax, duty, tariff, excise, excise tax
No etymology was provided for this word.
Across languages
Translations
3 source translations are retained for this English entry.
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Estonian:
kaudne maks
— Translations
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Hindi:
अप्रत्यक्ष कर
(apratyakṣ kar)
— Translations
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Tamil:
மறைமுக வரி
(maṟaimuka vari)
— Translations