What is another word for indirect tax?

Pronunciation: [ɪnda͡ɪɹˈɛkt tˈaks] (IPA)

Indirect tax is a type of tax that is collected by the government from the producers or consumers of goods and services. It is not directly paid by the taxpayer but is included in the price of the goods or services they purchase. There are various synonyms for indirect tax, such as consumption tax, expenditure tax, and value-added tax (VAT). Consumption tax is a tax on spending, meaning it is based on the amount of goods and services that people purchase. An expenditure tax, on the other hand, is a tax on the amount of money that people spend on goods and services. VAT is a type of consumption tax that is collected at each stage of the production and distribution chain.

Synonyms for Indirect tax:

What are the hypernyms for Indirect tax?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Indirect tax?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

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