- purchase tax
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Brit.a sales tax on nonessential and luxury goods.[1935-40]
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Universalium. 2010.
purchase tax
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purchase tax — ➔ tax1 * * * purchase tax UK US noun [C or U] COMMERCE, TAX ► a tax that is added to the price of something that people buy, but not to the price of basic goods: »In the UK VAT was introduced in 1973, replacing purchase tax. → Compare SALES TAX( … Financial and business terms
purchase tax — noun : a tax imposed in Great Britain upon various commodities at rates graduated according to the degree of luxury or necessity of the particular commodity * * * Brit. a sales tax on nonessential and luxury goods. [1935 40] * * * purchase tax… … Useful english dictionary
purchase tax — tax added to the cost of consumer goods … English contemporary dictionary
purchase tax — noun a tax added to the price of goods sold to consumers … English new terms dictionary
purchase tax — /ˈpɜtʃəs tæks/ (say perchuhs taks) noun British → sales tax …
purchase tax — / pɜ:tʃɪs tæks/ noun a tax paid on things which are bought … Marketing dictionary in english
purchase tax — / pɜ:tʃɪs tæks/ noun a tax paid on things which are bought … Dictionary of banking and finance
tax — ▪ I. tax tax 1 [tæks] noun [countable, uncountable] TAX an amount of money that you must pay to the government according to your income, property, goods etc, that is used to pay for public services: • The President said he would cut taxes for… … Financial and business terms
Tax rate — For a type of taxation system in the United Kingdom and elsewhere, see Rates (tax). Taxation An aspect of fiscal policy … Wikipedia
Tax holiday — A tax holiday is a temporary reduction or elimination of a tax. Governments usually create tax holidays as incentives for business investment. The taxes that are most commonly reduced by national and local governments are sales taxes. In… … Wikipedia
