Tax burden/Definition: Difference between revisions
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imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> Tax paid as a percentage of income, calculated for the purpose of international comparisons as total tax revenue as a percentage of GDP, and otherwise a...) |
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Tax paid as a percentage of income, calculated for the purpose of international comparisons as total tax revenue as a percentage of GDP, and otherwise as the total cost of taxation to an organisation or individual, including administrative costs. | Tax paid as a percentage of income, calculated for the purpose of international comparisons as total tax revenue as a percentage of GDP, and otherwise as the total cost of taxation to an organisation or individual, including administrative costs, and may include allowances for the extent to which tax is passed on. | ||
Latest revision as of 06:06, 20 January 2010
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Tax burden [r]: Tax paid as a percentage of income, calculated for the purpose of international comparisons as total tax revenue as a percentage of GDP, and otherwise as the total cost of taxation to an organisation or individual, including administrative costs, and may include allowances for the extent to which tax is passed on.