Explicit tax - How To Discuss
By William Burgess •
Explicit tax,
Definition of Explicit tax:
A tax openly and directly levied by a government. Unlike less direct forms of government income, such as regulatory fees, penalties, customs duties, and other charges that are ultimately passed on to businesses and consumers, explicit taxes are openly required and collected in the form of sales taxes, income taxes, capital gains taxes, and others.
Meaning of Explicit tax & Explicit tax Definition
