Glossary:Taxes on production and imports

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

• Generation of income account
• Taxes on products

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