INDIRECT TAX

Pronunciation (US):

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IPA (US):

 Dictionary entry overview: What does indirect tax mean? 

• INDIRECT TAX (noun)
  The noun INDIRECT TAX has 1 sense:

1. a tax levied on goods or services rather than on persons or organizations

  Familiarity information: INDIRECT TAX used as a noun is very rare.

 Dictionary entry details 

• INDIRECT TAX (noun)

Sense 1

Meaning:

A tax levied on goods or services rather than on persons or organizations

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("indirect tax" is a kind of...):

revenue enhancement; tax; taxation (charge against a citizen's person or property or activity for the support of government)

Hyponyms (each of the following is a kind of "indirect tax"):

hidden tax (a tax paid unwittingly by the consumer (such as ad valorem taxes))

duty; tariff (a government tax on imports or exports)

excise; excise tax (a tax that is measured by the amount of business done (not on property or income from real estate))