TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

IMPUESTO CIFRA NEGOCIOS [1 record]

Record 1 2004-03-16

English

Subject field(s)
  • Taxation
DEF

This is an early form of sales tax. It is normally levied as a given percentage of the sales value. It is levied on each occasion that a transaction takes place and the base of the tax includes any tax paid on transactions at previous stages in the production and distribution process.

OBS

The inefficiency of this type of tax has been realized and in recent years many countries have changed over to a value-added tax which does not have these inefficiencies.

French

Domaine(s)
  • Fiscalité
DEF

Impôt général sur la consommation perçu sur la valeur totale du produit à chaque stade de vente.

Spanish

Campo(s) temático(s)
  • Sistema tributario
DEF

Impuesto que se recauda como una proporción del precio de una mercancía en cada venta en la cadena de distribución.

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