Taxes on production and imports are
- compulsory, unrequited (not made for a consideration) payments,
- in cash or in kind,
- levied (charged) by a government or a European Union institution.
The payments are called unrequited because the government or EU institution provides nothing in return for the payment ('something-for-nothing'). Taxes are considered transactions in the national accounts context, as mutual agreement is presumed.
The taxes are paid for example on
- the production and import of goods and services;
- the employment of labour;
- the ownership or use of land, buildings or other assets used in production.
Related concepts
Statistical data
- Government finance statistics
- Government finance statistics - quarterly data
- National accounts and GDP
- Tax revenue statistics
Sources
- United Nations: System of National Accounts (SNA) 2008, § 7.71-7.72, United Nations, New York, 2009