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词汇 Turnover tax
分类 英语词汇 英语翻译词典
释义

Turnover tax

原声例句
经济学人-中国 (The Economist)

In replacing a crude turnover tax on services with a value-added tax, the government has sought to lighten the fiscal burden on services.

通过用增值税替代原始的服务营业税,政府已经力图减轻服务业的财政负担。

英语百科

Turnover tax

A turnover tax is similar to VAT, with the difference that it taxes intermediate and possibly capital goods. It is an indirect tax, typically on an ad valorem basis, applicable to a production process or stage. For example, when manufacturing activity is completed, a tax may be charged on some companies. Sales tax occurs when merchandise has been sold.

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