Glossary of the 1993 SNA - Definition of Term |
| Term | General sales taxes | | Definition | General sales taxes consist of all general taxes levied at one stage only (e.g. manufacturing or wholesale or retail) plus multi-stage cumulative taxes (also known as cascade taxes) where tax is levied each time a transaction takes place without any deduction for tax paid on inputs. | | Paragraphs | [7.69.] | | Other References | OECD 5112 and 5113 |
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