Definitions
There is 1 meaning of the phrase
Indirect Tax.
Indirect Tax - as a noun
A tax levied on goods or services rather than on persons or organizations
Hypernyms (Closely Related)
revenue enhancementtax10taxation15Hyponyms (Broadly Related)
Example Sentences
"Excise duty is an example of an indirect tax imposed on certain goods like alcohol and tobacco."
"Customs duty is an indirect tax levied on items imported into a country."
"Sales tax is an indirect tax charged on the sale of goods and services."
"An indirect tax is typically passed on to the consumer in the form of higher prices."
"The implementation of a new indirect tax policy caused debate among economists."
