Context/ examples | 2. Definiation: any tax levied on a specific transaction,such as value added tax,sales tax,property transfer tax,stock exchange tax,etc.,as opposed to taxes levied on income or capital,etc.
Reference: International Tax Gloss.,International Bureau of Fiscal Documentation,1992,Amsterdam,confirmed by Noble,Alex,Lecturer,LLB/Lond,FCCA,University of Surrey,Guildford,1995 3. Definition: a tax imposed on the sale of a commodity every time it changes hands
Reference 6th Dir.Preamble;statistisches Bundesamt;Webster
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