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There should be a turnover tax on business instead.
After all, we only have competences in the area of turnover taxes and even there they are very limited.
Budget revenues were derived primarily from state economic organizations and the turnover tax.
Revenue from state enterprises was the primary source of revenues followed by turnover tax.
The turnover tax appeared to be both a source of revenue and a tool used to influence consumption patterns.
It is widely thought that a turnover tax may range from between 15% and 20%.
The turnover tax on platinum and its less expensive sister metal, palladium, ends June 1.
The Dutch have abolished turnover tax and fixed minimum commissions on securities transactions.
Another boost to the market has been the removal of turnover tax at the beginning of this year, which tripled volumes.
In South Africa, the turnover tax is a simple tax on the gross income of small businesses.
The lion's share of budget revenues has come from indirect taxes, such as the turnover tax and the profits tax.
The Soviet Union relied heavily on turnover taxes on retail sales.
Businesses who elect to pay the turnover tax are exempt from VAT.
Turnover tax is at a very low rate compared to most taxes, but it is calculated on gross income without any deductions.
High customs tariffs and turnover taxes were introduced to prevent a large-scale inflow of consumer goods.
In any event, the real constituency for the turnover tax is Capitol Hill, not Wall Street.
Turnover tax, similar to a sales tax, but applied to intermediate and possibly capital goods as an indirect tax.
Turnover taxes.
Until its abolition in 1990, trading took place in London partly to avoid Germany's turnover tax on corporate bonds.
House Speaker Jim Wright suggested a turnover tax of one-half of 1 percent last year as a revenue raiser.
It would also lure small investors into privatisation issues by exempting small share deals from the stockmarket turnover tax.
A turnover tax is similar to a sales tax or a VAT, with the difference that it taxes intermediate and possibly capital goods.
It is a condition of the scheme that your own country allows similar concessions to UK traders in respect of its own turnover taxes.
You may also be able to claim refunds of VAT or similar turnover taxes incurred in some non-European Community countries.
The year 2000 was difficult for all retailers, as the Australian Government introduced a new retail turnover tax (the GST).