Glossary:Taxes on production and imports

Taxes on production and imports are

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