Nolo's Plain-English Law Dictionary

Legal Dictionary Home

Need Professional Help? Talk to a Lawyer

Enter Your Zip Code to Connect with a Lawyer Serving Your Area

searchbox small
A governmental assessment upon property value, transactions (transfers and sales), licenses granting a right, and income. A tax levied directly on income or property is a direct tax. A tax levied on the price of goods or services is an indirect tax. The government uses tax revenues to finance public services and goods, such as building highways and schools.