direct tax Synonyms

Strongest:

Wordnet

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

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.
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.
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.
Direct taxes can also be used to achieve social and economic policy objectives, such as redistributing income or discouraging certain activities.
The amount of direct tax that an individual or company owes is usually calculated based on their income or wealth.
Direct taxes are a significant source of revenue for governments around the world.
The level of direct taxation in a country can have a significant impact on the economy.
High levels of direct taxation can discourage economic growth and investment, while low levels of direct taxation can lead to a budget deficit.

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

withholding tax,personal tax, poll tax, income tax, tax, property tax, single tax,value-added tax, flat tax, imposition

No antonyms found.

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.

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.