double taxation

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double taxation

n. taxation of the same property for the same purpose twice in one year. This is generally prohibited if it occurs through such circumstances as transfer of property which has been taxed once and then the tax is imposed on a new owner. However, if all property in a jurisdiction is taxed twice in the same year, it is legal since not discriminatory or unfair.

References in periodicals archive ?
A set of implementing measures for the VAT Directive (2006/112) was published by the Commission, on 17 December, to tidy up the loose ends in the package, including how to prevent double taxing goods and services across borders.
Strickland recently introduced Assembly Bill 1315, which would eliminate this double taxing of gasoline.
Their bill, AB 1315, will eliminate a double taxing of gasoline - the state sales tax charged on federal and state gas excise taxes.