Former Soviet republics Compared by Economy > Net taxes
DEFINITION:
Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.".
CONTENTS
Citation
Interesting observations about Economy > Net taxes
- United States has had the highest net taxes since 1970.
- Germany ranked first for net taxes amongst Europe in 2009.
- Brazil ranked first for net taxes amongst Hot countries in 2009.
- France ranked first for net taxes amongst Catholic countries in 2009.
- China ranked first for net taxes amongst Emerging markets in 2009.
- Mexico ranked first for net taxes amongst Former Spanish colonies in 2009.
- Russia ranked first for net taxes amongst Eastern Europe in 2009.
- Turkey ranked first for net taxes amongst Muslim countries in 2009.
- United Kingdom ranked third for net taxes amongst European Union in 2009.
- Austria ranked first for net taxes amongst Landlocked countries in 2009.
