Share this site with del.icio.us Share this site with furl Share this site with stumbleupon Share this site with google Add this site to Yahoo Bookmarks Click here to add us to your favorites Subscribe to our Feed




output tax

Definition

Ad valorem tax charged on the selling price of taxable goods or services, and is payable by the customer. Value added tax (VAT) charged by businesses is an output tax that is distinguished from the VAT paid by them, which is their input tax.


Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z