GLOSSARY
Employers' payroll taxes
Taxes collected from employers, levied either as a proportion of payroll or as a fixed amount per person employed.
Excises and levies
Taxes levied on a specified good, or range of goods, intended for domestic consumption other than taxes levied exclusively on the importation of goods. Excises may be imposed at any stage of production or distribution and the assessment for tax may take into account such factors as weight, strength, quantity or value of the goods. Excises are not limited to those taxes collected under Excise Acts and include taxes on electricity, gas and agricultural production. Includes levies on statutory corporations.
Motor vehicle taxes
Taxes levied on the operation of motor vehicles whether paid by households or corporations. These imposts are treated as taxes, rather than regulatory fees, because of the significant amount of revenue they generate. Excludes taxes on third party insurance which are included in taxes on insurance.
Taxes on financial and capital transactions
Taxes on the issue, transfer, purchase and sale of securities, taxes on cheques, and taxes levied on specific legal transactions such as validation of contracts and the sale of immovable property.
Taxes on gambling
Taxes levied on gambling and betting stakes. Includes taxes on lottery tickets, poker machines, casinos, racing and football pools. The taxes may be collected either from the gambler as a percentage of his/her stake or from entities providing the gambling service either as a licence fee or percentage of their gross income from gambling. Excludes taxes on individual gains from gambling.
Taxes on immovable property
Taxes levied in respect of the use or ownership of immovable property. Includes land taxes and rates.
Taxes on income
Taxes on income, profits and capital gains. Taxes on income are assessed on the actual or presumed incomes of individuals, households, corporations or non-profit institutions operating in the market. They are assessed on holdings of property, land or real estate when such holdings are used as a basis for estimating the income of their owners. Includes income and capital gains taxes levied on individuals and enterprises. Also includes income taxes levied on non-residents.
Taxes on insurance
Taxes levied specifically on insurance companies. Includes taxes levied on insurance premiums and contributions collected to finance services which reduce insurable risk.
Taxes on international trade
Taxes and stamp duties levied on specified imported or exported goods. Excludes taxes collected on imports as part of a general tax on goods, and excises applicable to both imported and domestically produced goods.
Taxes on property
Taxes on the use or ownership of property, and taxes on property transfers. Includes taxes on immovable property and taxes on financial and capital transactions.
Taxes on the provision of goods and services
Taxes levied on the production, sale, transfer, leasing or delivery of goods and rendering of services. Excludes taxes levied on the use of goods or on permission to use goods or to perform activities. From 1 July 2000 includes GST revenue receivable by the Commonwealth Government, gross of the cost of collection but net of input tax credits payable.
Taxes on use of goods and performance of activities
Taxes levied on the use of goods and taxes levied in respect of permission to perform activities. Excludes taxes levied on the value or quantity of the goods themselves which are included in Taxes on provision of goods and services.
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