turnover tax — ➔ tax1 * * * turnover tax UK US noun [C] TAX ► VAT(Cf. ↑VAT) … Financial and business terms
turnover tax — noun Britain : a tax on total transactions or gross sales usually applicable to all sales of commodities by manufacturers, wholesalers, and retailers * * * turnover tax noun A tax paid every time goods change hands during manufacture and… … Useful english dictionary
turnover tax — tax imposed on the business turnover of a factory … English contemporary dictionary
turnover tax — A tax on the sales made by a business, i. e. on its turnover. See sales tax … Big dictionary of business and management
turnover tax — / tɜ:nəυvə tæks/ noun same as sales tax … Dictionary of banking and finance
Tax system in China — Taxes provide the most important revenue source for the Government of the People s Republic of China. As the most important source of fiscal revenue, tax is a key economic player of macro economic regulation, and greatly affects China s economic… … Wikipedia
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 — Taxation An aspect of fiscal policy … Wikipedia
Tax investigation — is an in depth investigation processed by tax authority in order to recover tax undercharged in previous years of assessment. It means that the taxpayer is suspected regarding to tax evasion, or just by random sampling. Reasons * Taxpayer fails… … Wikipedia
tax law — Introduction body of rules under which a public authority has a claim on taxpayers, requiring them to transfer to the authority part of their income or property. The power to impose taxes is generally recognized as a right of governments.… … Universalium
