direct tax Antonyms

Synonyms

Strongest:

• property-tax
• poll-tax
• tax
• income-tax
• single-tax
• personal-tax
• withholding-tax

Strong:

• custom-s-
• excise
• assessment
• hidden-tax
• tribute
• sin-tax
• tariff
• death-tax
• sales-tax
• duty
• impost
• flat-tax
• imposition
• value-added-tax
• estate-tax
• inheritance-tax
• levy

Weak:

• surtax
• supertax
• toll
• capitation
• proportional-tax
• surcharge

Meaning of direct tax

Wordnet

direct tax (n)

a tax paid directly by the person or organization on whom it is levied

direct tax Sentence Examples

1. Direct tax is a type of taxation that is levied on individuals and companies directly by the government.
2. Direct taxes are typically progressive, meaning that the tax rate increases as the taxpayer's income or wealth increases.
3. Examples of direct taxes include income tax, corporate tax, property tax, and inheritance tax.
4. Direct taxes are often contrasted with indirect taxes, which are levied on goods and services and are typically borne by consumers.
5. Direct taxes are generally considered to be more equitable than indirect taxes, as they ensure that individuals and companies pay taxes in proportion to their ability to pay.
6. Direct taxes can also be used to achieve social and economic policy objectives, such as redistributing income or discouraging certain activities.
7. The amount of direct tax that an individual or company owes is usually calculated based on their income or wealth.
8. Direct taxes are a significant source of revenue for governments around the world.
9. The level of direct taxation in a country can have a significant impact on the economy.
10. High levels of direct taxation can discourage economic growth and investment, while low levels of direct taxation can lead to a budget deficit.

FAQs About the word direct tax

What is the meaning of the word direct tax

a tax paid directly by the person or organization on whom it is levied

What are the synonyms of the word direct tax

property tax, poll tax, tax, income tax, single tax,personal tax, withholding tax, custom(s), excise, assessment

What are the antonyms of the word direct tax

No antonyms found.

What is the usage of word direct tax

Direct tax is a type of taxation that is levied on individuals and companies directly by the government.

Direct taxes are typically progressive, meaning that the tax rate increases as the taxpayer's income or wealth increases.

How to use the word direct tax in a sentence?

Examples of direct taxes include income tax, corporate tax, property tax, and inheritance tax.

Direct taxes are often contrasted with indirect taxes, which are levied on goods and services and are typically borne by consumers.