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词汇 consumption-tax
释义 consumption tax
noun[ C or U ]
ukus
TAX
a tax that is added to the price of goods and services bought by the general public:
Under a consumption tax, those who spend more would be taxed more.
See also
indirect tax
sales tax
VAT

Examples of consumption tax


consumption tax
Some argue that inflation is a regressive non-linear consumptiontax.
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Consumptiontax rate is only 8%, while corporate tax rates are high, second highest corporate tax rate in the world, at 36.8%.
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In economic sense, a duty is also a kind of consumptiontax.
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A consumptiontax taxes only consumption, so if one sells an investment to buy another investment, no tax is imposed.
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The 5% is made up of a 4% national consumptiontax and a 1% local consumptiontax.
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Opponents contend that a consumptiontax of this size would be extremely difficult to collect, and would lead to pervasive tax evasion.
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He therefore decided to abandon any plans for a consumptiontax, although the remainder of the reforms were adopted in the tax reform package.
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In 2014, the consumptiontax was raised to 8%, leading to a new price of 11,850 yen.
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The plan would also replace the corporate income tax with a border-adjusted business consumptiontax of 8.5%.
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Economic theory is very clear that the incidence of a consumptiontax (who is expected to pay the tax) is inconsequential.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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