How To Use Indirect tax In A Sentence
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But sceptics say he still has to cut spending or raise taxes to balance the books and could raise indirect taxes in next year's budget.
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He promised an Exchequer surplus of £135m by raising indirect taxes and also diverting £1.6bn to national coffers from the PRSI fund, Central Bank commissions on new euro notes and coins and making companies pay their taxes earlier.
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Other indirect taxes were the ferme de l'equivalent and various municipal octrois.
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We might have expected this switch to reinforce the downward trend in the ratio of direct to indirect tax receipts.
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The main reason for the increase was the higher amounts collected through indirect taxation.
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The government's budget was strengthened by increased customs revenue and more particularly by a spectacular rise in indirect taxation.
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The working population that earn under twenty grand pay the bulk of indirect taxation through vice and vehicle.
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The paradigm of direct taxation is income tax, the paradigm of indirect taxation is a tax on sales.
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It is that even after this fall, the government is taking away more than ever in higher council taxes, fuel bills and indirect taxation, as if nothing had changed.
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When direct taxes could yield an additional Rs 2,000 crore, indirect taxes remain revenue neutral.
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He has repeatedly said he wants to see a switch from indirect taxation to taxation on income.
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The government just rake in the money and pretend it's all due to good housekeeping, when in fact we are paying more through indirect taxation.
Times, Sunday Times
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For convenience we shall compare the systems under four main headings, with indirect taxes considered first in each case.
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Thus the adoption of true free trade involves the abolition of all indirect taxation of whatever kind, and the resort to direct taxation for all public revenues.
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Their optimistic figure conveniently overlooked, for example, indirect taxes, such as those on petrol and drink.
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If the resource cost of labour is its price in employment before the removal of income tax, then it is traditionally valued before indirect taxation is added.
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The Tariff Reformers advocated protective indirect taxes to raise such revenues: the Liberals legislated for expanded direct taxes.
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Atkinson did admit that indirect taxes are largely regressive, and that eliminating them would increase effective disposable income.
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How much indirect taxation you pay depends on how you spend your money.
The Sun
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The survey also reveals how the burden of increased indirect taxation rests upon the shoulders of the poorest sections of the population.
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And if you tax consumption with indirect taxation, taxes often pyramid, with resultant price increases of a regressive nature.
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The increase in indirect taxation is intended to neutralise the reduction in income tax.
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The authors focus on the increasing cost of war as an explanation of the Portuguese shift from domain revenues to direct and indirect taxation.
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The delegates were charged with negotiating Indian treaties that would bind all the colonies, and with providing for intercolonial defense to be paid for by indirect taxes.
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While pointing out that the Budget contained minimal increases in indirect taxation and excise duties, he accepted price and cost levels remain high.
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The Treasury also claims that it is difficult to measure the burden of indirect taxes on different types of households, adding that no reliable figures are available!
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The increase in indirect taxation is intended to neutralize the reduction in income tax.
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Our attention is paid to the implicit burden, and the comparable labor force method and input-output table are employed to measure scissors cross and indirect tax burden respectively.
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The poorest pay a far higher proportion of their income on the equivalent of VAT and other indirect taxes, physiocrat
The Guardian World News
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The government restructured the tax base to place greater emphasis on indirect taxes (duties, tariffs, excise taxes, and state-owned monopolies over sales of salt and tobacco) rather than on the peasant-based taille.
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And if you tax consumption with indirect taxation, taxes often pyramid, with resultant price increases of a regressive nature.
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This is an indirect taxation on lower earners, which can mean that for a £100 increase in earnings the actual net benefit can be as low as £20.
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He also shifted the tax burden from direct income tax to indirect taxation through the introduction of a goods and service tax.
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Clearly, lower taxes reinforced the spending splurge that generated the explosion in indirect tax receipts allowing taxes to be cut further.
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It will be more of the same - indirect taxation on cigarettes and drink.
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The government may put an indirect tax on books.
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By refusing to increase indirect taxation it could deny the imperial government the money it needed.
The Collins History of the World in the 20th Century
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The increase in indirect taxation is intended to neutralize the reduction in income tax.
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So while the Constitution empowered the federal government to levy taxes, it limited this power mostly to indirect taxes like tariffs, duties, and excise taxes.
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By refusing to increase indirect taxation it could deny the imperial government the money it needed.
The Collins History of the World in the 20th Century
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The increase in indirect taxation is intended to neutralise the reduction in income tax.
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However, the whole matter of indirect tax liability is devilishly complex and difficult to understand.
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The government's budget was strengthened by increased customs revenue and more particularly by a spectacular rise in indirect taxation.
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While the UK has one of the lowest corporate tax rates in Europe, the level of indirect taxation is amongst the highest.
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Should tax increases be required, they should be raised through indirect taxation.
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He has repeatedly said he wants to see a switch from indirect taxation to taxation on income.
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Of course the licence fee should be seen for what it now is, a crude form of indirect taxation that taxes all households irrespective of their ability to pay.
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Increases in indirect taxation, which hit the poor hardest, have also been announced.
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So while the Constitution empowered the federal government to levy taxes, it limited this power mostly to indirect taxes like tariffs, duties, and excise taxes.
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For the moment, deflationary pressures will boost real incomes and act like an indirect tax cut.
Times, Sunday Times
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The increase in indirect taxation is intended to neutralise the reduction in income tax.
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Second, policy has sought to reduce the range of price interventions that can serve as a form of indirect taxation on emerging capitalist farmers.
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Does indirect taxation on ‘sin’ products, such as fuel and tobacco, actually reduce consumption?
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The increase in indirect taxation is intended to neutralise the reduction in income tax.
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We are headed toward completely socialized medicine - and, if we take indirect tax subsidies into account, we're already halfway there.
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The paradigm of direct taxation is income tax, the paradigm of indirect taxation is a tax on sales.
