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单词 hidden tax
释义

hidden tax


hid′den tax′


n. any tax paid by a manufacturer, supplier, or seller that is added to the consumer price.
Thesaurus
Noun1.hidden tax - a tax paid unwittingly by the consumer (such as ad valorem taxes)revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of governmentindirect tax - a tax levied on goods or services rather than on persons or organizations

hidden tax


Hidden Tax

A tax that is built in to the price of a good or service that the buyer does not see. That is, rather than being added at the end of a transaction, like a sales tax, hidden taxes are included in the price. Examples of hidden taxes include corporate taxes, which can cause companies to raise their prices so as not to reduce profit, and VAT, in which taxes are added at every stage of production. See also: Inflation tax.

hidden tax

an INDIRECT TAX that is incorporated into the PRICE of a good or service, but the consumer is not made fully aware of its existence or magnitude; for example, the amount of EXCISE DUTY included in the price of cigarettes and beer is not normally made known to the consumer. VALUE-ADDED TAX, by contrast, is incorporated into the price of a product at specified rates.

hidden tax


Related to hidden tax: gift tax
  • noun

Words related to hidden tax

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

Related Words

  • revenue enhancement
  • tax
  • taxation
  • indirect tax
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更新时间:2024/12/23 14:44:55