impuesto sobre el consumo

Definitions of impuesto sobre el consumo
  1. noun
    a tax that is measured by the amount of business done (not on property or income from real estate)
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    types:
    alcabala
    a tax based on the cost of the item purchased and collected directly from the buyer
    IVA
    a tax levied on the difference between a commodity's price before taxes and its cost of production
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