- = hidden taxA tax, the incidence of which may be hidden from the person who is suffering it. An example could be a tax levied on goods at the wholesale level, which increases the retail price in such a way that the final customer cannot detect either that it has happened or the amount of the extra cost. The term is also applied to various mechanisms by which the government can increase the tax paid by individuals without raising tax rates, notably the abolition or restriction of tax allowances and the adjustment of thresholds.
Accounting dictionary. 2014.
Look at other dictionaries:
Stealth tax — is a term used for a tax levied in such a way that is largely unnoticed, or not recognized as a tax . [ [http://www.oed.com Oxford English Dictionary online] ] Generally used in the UK by Conservatives to attack the New Labour government s… … Wikipedia
stealth tax — noun (informal) A tax that is applied in such a way that taxpayers are unaware of its imposition • • • Main Entry: ↑stealth * * * stealth tax UK US noun [countable] [singular stealth tax … Useful english dictionary
stealth tax — UK US noun [C] UK TAX ► a form of tax that is not noticed or seen as a tax by most people: »Critics accused the Chancellor of levelling a new stealth tax on middle Britain … Financial and business terms
stealth tax — n BrE an extra tax or charge that a government introduces in such a way that people do not realize that they are paying more money used to show disapproval … Dictionary of contemporary English
stealth tax — UK / US noun [countable] Word forms stealth tax : singular stealth tax plural stealth taxes economics a hidden and unexpected way of making people pay more money to the government as the result of a new tax or an increase in a particular tax … English dictionary
stealth-tax — verb a) To impose a stealth tax b) To tax by using stealth taxes … Wiktionary
stealth tax — stealth taxes N COUNT (disapproval) Journalists sometimes refer to indirect taxes as stealth taxes. [BRIT, JOURNALISM] It s good that he used direct taxation rather than stealth taxes to raise the money … English dictionary
stealth tax — hidden tax A tax, the incidence of which may be hidden from the person who is suffering it. An example could be a tax levied on goods at the wholesale level, which increases the retail price in such a way that the final customer cannot detect… … Big dictionary of business and management
stealth tax — noun a) A new tax, tariff, or increase in a tax or tariff introduced in such a way that people do not easily notice b) A new payment that is the same as a tax, but not officially classified as a tax … Wiktionary
stealth tax — /ˈstɛlθ tæks/ (say stelth taks) noun indirect taxation, especially when applied to goods and services not previously subject to taxation as part of a goods and services tax … Australian English dictionary