direct tax

noun

: a tax exacted directly from the taxpayer

Examples of direct tax in a Sentence

Recent Examples on the Web But the rule on direct taxes is still in the Constitution, and the courts haven't fully defined what is and isn’t a direct tax. Richard Rubin, WSJ, 26 Oct. 2021 The governor quietly ended direct tax collections from Turo hosts late last year, instead anticipating a legislative fix, according to a Department of Revenue memorandum posted online in April alongside Claman’s bill, which failed to pass this year. Sean Maguire, Anchorage Daily News, 4 June 2023 But unlike those deals, which used direct tax abatements, these tax credits would only be awarded upon completion of the films at studios built by private developers. Gabe Stern, Fortune, 12 May 2023 For direct tax changes only, the lowest-income households would see their after-tax incomes rise by an average of about $650 or 3.6%. Howard Gleckman, Forbes, 23 Mar. 2023 While the Biden plan does not call for any direct tax increases for anyone making less than $400,000, independent tax analysts say Biden’s plan to raise the corporate tax rate will indirectly affect employees due to lower investment returns or lower wages over time. USA TODAY, 8 Oct. 2020 Local and state officials have said as much, although there may be ways officials can sweeten the pot for the A's, outside of offering a direct tax toward funding a stadium. Arkansas Online, 14 Nov. 2022 For example, an IRA owner could set up a dedicated IRA naming one or more charities as beneficiaries and then move assets from other IRAs into it via direct tax-free transfers. Laura Saunders, WSJ, 2 Sep. 2022 Over 30 years, the stadium would generate about $14.8 million in direct tax revenue in the area around the stadium, the CSL projection said. Brian Amaral, BostonGlobe.com, 18 Aug. 2022

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'direct tax.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1770, in the meaning defined above

Time Traveler
The first known use of direct tax was in 1770

Dictionary Entries Near direct tax

Cite this Entry

“Direct tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/direct%20tax. Accessed 18 Apr. 2024.

Legal Definition

direct tax

noun
: a tax imposed on a taxpayer himself or herself or on his or her property compare excise

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