FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RLCgcyVpMJC9pO2jdogXYJ
Label Turnover and Other General Goods and Services Tax Payment
Preferred Label Multi-Stage Consumption Tax
Identifier N/A
Alternative Labels
Multi-Stage Tax Payment Turnover and other general taxes on goods and services

Definition

Turnover and Other General Goods and Services Tax Payment refers to multi-stage cumulative taxes and taxes where elements of consumption taxes are combined with multistage taxes. These taxes are levied each time a transaction takes place, without deduction for taxes paid on inputs. Multi-stage taxes can incorporate elements of value-added or sales taxes, leading to taxation at multiple points in the supply chain.

Class Relationships

Is Defined By

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See Also

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Parent Class Of 0

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Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available