Direct Tax

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Direct Tax

A charge levied by the government upon property, which is determined by its financial worth.

A direct tax is usually a property tax or ad valorem tax, as opposed to an indirect tax imposed upon some right or privilege, such as a franchise tax.

References in periodicals archive ?
With the end of World War 1 there was no end to direct taxation. At each review of the system, its scope and complexity expanded such that more and more Canadians were subject to the requirement to pay taxes.
There are a number of negative implications associated with introducing tax and the administrative cost of direct taxation needs to be taken into account.
"As we lead up to the milestone of 1 billion, we need to ensure that the tourism sector is supported by adequate national policies and that we work to reduce existing barriers to the expansion of the sector, such as complicated visa procedures, increased direct taxation or limited connectivity," Rifai said.
"Through direct taxation UK drivers are currently wholly responsible for funding road maintenance costs.
He gave as examples of the courage of those ruling Bulgaria the 15% reduction of public expenditures, and avoiding upping direct taxation thus increasing the burden on the business and the households.
The President emphasized that direct taxation will allow a sustainable revenue base leading to a "balanced budget."
Introduction to European tax law; direct taxation, 2d ed.
The former Chief Secretary to the Treasury, Liberal Democrat MP David Laws, contravened the regulations by taking pounds 40,000 of taxpayers' money for his "love nest" while planning to take even more of our hard-earned money for the nation's coffers from indirect and direct taxation. David Cameron was right to get rid of him.
Cayman Islands leaders are welcoming a report that says direct taxation would put this hedge fund hub at a disadvantage to other international finance centers, reports Reuters (March 20, 2010).
Mr O'Leary said: "If we vote No the cost of borrowing will rise significantly, we will lose an EU commissioner and a veto on direct taxation."
He also believes the Treasury could lose between pounds 40m and pounds 45m in direct taxation.
Media reports about the candidates' tax debate ignore the fact that direct taxation only represents part of the cost of government.