intangible tax

noun

Legal Definition of intangible tax

: a tax imposed on the privilege of owning, transferring, devising, profiting by, or otherwise dealing with or benefiting from intangibles

Learn More about intangible tax

Cite this Entry

“Intangible tax.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/intangible%20tax. Accessed 27 Jan. 2021.

Comments on intangible tax

What made you want to look up intangible tax? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

Test Your Vocabulary

Slippery Words Quiz—Changing with the Times

  • ducreux self portrait yawning
  • What is an earlier meaning of nice?
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

TAKE THE QUIZ
Typeshift

Anagram puzzles meet word search.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!