What is an Indirect tax
A tax imposed in respect of expenditure of money.
Examples of indirect taxes: VAT (value added tax), import duties, purchase tax, tax on cigarettes and gas. A person who does not make a purchase does not pay these taxes.
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A tax imposed in respect of expenditure of money.
Examples of indirect taxes: VAT (value added tax), import duties, purchase tax, tax on cigarettes and gas. A person who does not make a purchase does not pay these taxes.