An indirect tax is a form of taxation where the tax is collected by an intermediary, such as a manufacturer or retailer, and then passed onto the consumer through the price of a good or service.
Indirect taxes include various types, such as sales taxes, excise taxes, sin taxes, property taxes and value-added taxes (VAT). If you want help managing your tax liability, consider working with ...
Indirect taxes, including Value Added Tax (VAT) and excise duties, account for a staggering 80 per cent of the country’s total tax revenue, leaving just 20 per cent to come from direct taxes ...