tax on luxury goods

tax on luxury goods
taxe de luxe

English-French business dictionary. 2013.

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  • Luxury tax — For the special case of the term luxury tax applied to the salaries of athletes, see Luxury tax (sports) A luxury tax is a tax on luxury goods products not considered essential. A luxury tax may be modeled after a sales tax or VAT, charged as a… …   Wikipedia

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  • tax — n. & v. n. 1 a contribution to State revenue compulsorily levied on individuals, property, or businesses (often foll. by on: a tax on luxury goods). 2 (usu. foll. by on, upon) a strain or heavy demand; an oppressive or burdensome obligation. v.tr …   Useful english dictionary

  • luxury tax — ➔ tax1 * * * luxury tax UK US noun [C or U] TAX ► a tax on expensive goods that are not necessary but are bought for pleasure: a luxury tax on sth »The government is considering imposing a luxury tax on jewellery …   Financial and business terms

  • Luxury — may refer to: Luxury good, an economic good or service for which demand increases more than proportionally as income rises Luxury tax, tax on products not considered essential, such as expensive cars Luxury tax (sports), surcharge put on the… …   Wikipedia

  • tax — ▪ I. tax tax 1 [tæks] noun [countable, uncountable] TAX an amount of money that you must pay to the government according to your income, property, goods etc, that is used to pay for public services: • The President said he would cut taxes for… …   Financial and business terms

  • Luxury Item — An item that is not necessary for living, but is deemed as highly desired within a culture or society. The ability to purchase or finance a luxury item is directly proportionate to ones income or assets. In other words, as people move into higher …   Investment dictionary

  • goods — A category of personal property defined by Article 9 of the UCC. Sometimes called tangible goods. Further divided into consumer goods, equipment, farm products, and inventory. American Banker Glossary * * * goods goods [gʊdz] noun [plura …   Financial and business terms

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  • luxury tax — a tax on certain goods or services not considered essential and usually relatively high in price. [1900 05] * * * Excise levy on goods or services considered to be luxuries rather than necessities (e.g., jewelry and perfume). Luxury taxes may be… …   Universalium

  • luxury tax — a tax on certain goods or services not considered essential and usually relatively high in price. [1900 05] * * * luxury tax, a tax put on the sale, manufacture, purchase, or use of luxury goods and services …   Useful english dictionary

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