Words / I / Law

indirect taxation

phrase/ˌɪndɪˈrɛkt tækˈseɪʃən/

B1CEFR level
28/100Rarity: fairly common
TechnicalRegister

Taxation charged on transactions or consumption and collected by an intermediary who passes the cost on to the final consumer.

VAT and excise duties are the main heads of indirect taxation affecting the retail division.

Topic: Tax law in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Tax law