service tax
Fee on services
A service tax is a tax levied on services rather than physical goods.
Unlike sales taxes that apply when products change hands, service taxes target activities like dining out, hotel stays, repairs, or professional consultations: The bill included an 18% service tax.
Some jurisdictions fold service taxes into broader consumption taxes; others impose them separately.
- GSTBritish baseline hour
- VATIncremental consumption tax
- reverse chargeCall billed to recipient
- telecommunicationsRemote signal transmission technology
- hospitality industryBusinesses serving guests' comfort
exemption · financial services · healthcare services · taxable goods · annual return · transportation services · professional fees · duty · threshold · government · bracket · audit · taxable · invoice · collection · penalty · revenue · deduction
- taxestaxes, withholding, VAT, GST, federal taxes
- taxationtaxable income, VAT, withholding, deductions, deduction
- sales taxesVAT, GST
- travel feesresort fee, booking fee, luggage fee, checked bag fee, security fee
- alcohol taxes
- financial taxesstamp duty, bank levy
service taximport duty
Tax on incoming goods
excise tax · customs duty · tariff · property tax · capital gains tax
service taxtax credit
Direct reduction of liability
tax rebate · tax refund · tax deduction · subsidy · tax holiday