The financial encyclopedia uses cookies to improve your user experience. Find out more here!



Accounting C
Calvo contract
Capacity utilization
Capital adequacy
Capital allowances (UK)
Capital appreciation
Capital, authorized
Capital budgeting
Capital, circulating
Capital clause
Capital commitments
Capital deepening
Capital employed
Capital expenditure
Capital formation
Capital gain
Capital goods
Capital injections
Capital intensity
Capital, issued
Capital-labour ratio
Capital loss
Capital, marginal efficiency of
Capital, marginal productivity of
Capital, nominal - see Authorized capital
Capital-output ratio
Capital redemtion reeserve fund
Capital, registered - see Authorized capital
Capital reserves
Capital re-switching
Capital: serious loss
Capital, sources of - see Business finance
Capital structure
Capital widening
Capital, working
Captain's entry
Captain's protest
Car hire
Car tax
Carry forward losses
Cascade tax
Cash book
Cash flow statement
Cash and carry
Cash discount
Cash flow
Cash flow accounting - see Inflation accounting
Cash price
Cash ratio
Casting vote
Catastrophic loss
Caveat emptor
Caveat subscriptor
Ceiling price
Census of production
Centre for inter-firm comparison
Certificate of damage
Certificate of incorporation
Certified Accountants, Chartered Association of
Cesser clause
Cesser of action
Chain store
Chairman of a company
Chairman's report
Chamber of shipping
Chamber of trade
Chambers of Commerce
Chapter 11 bankruptcy
Chapters 12, 13
Charges forward
Charging order
Charter by demise
Chartered accountant
Chartered Accountants, Institute of (EW)
Chartered accountant Australia
Chartered accountant New Zealand
Chartred agent
Chartered company
Chartered Secretaries, Institute of
Chartering, marine
Cheap jack
Chief executive
Choice of technique
Circular flow of income
Circulating capital
City terminal service
Civil Aviation Authority (C.A.A.)
Classified advertisement
Clean technology
Closed shops
Coasting trade - see Coasters
Coincidence of wants
Cold calling
Collective bargaining
Commercial Accountants, Society of
Commercial credit - see Bank open credit facilities
Commercial presence
Committee of inspection
Common carrier
Common law
Common ownership
Common prices system
Common property resource
Companies Acts (U.K.)
Companies House UK & Northern Ireland
Companies: index of names
Companies: reduction of capital
Company (UK)
Company: change of name
Company: commencement of business
Company: disclosure of interest in shares
Company, exempt private
Company, formation of
Company investigations
Company law
Company limited by gurantee
Company limited by shares
Company, name of
Company, objects of
Company, private
Company, public
Company: register of interest in shares
Company, registered number
Company reserves
Company seal
Company taxation - see Corporation tax
Company, unincorporated
Company; winding-up
Company's liquidation account
Compensating errors
Compensation for loss of office
Competitive fringe
Competitive tendering
Compliance costs
Concentration ratio
Concealed discount - see Trade discount
Concentric merger
Conditional sale agreement
Confederation of British Industry
Conference lines
Confirming credit - see Confirming House
Confirming House
Conflict of law
Congeneric merger - see Concentric merger
Conglomerate merger
Consignee - see Consignor
Consignment note
Consolidated accounts
Consolidation of capital
Constant returns to scale
Construction industry
Consulage - see Consular invoice
Consular invoice
Consumer loyalty
Contestable market
Contingent asset
Contingent commodity
Contingent liabilities
Contingent market
Contingent protection
Contingent valuation
Contract of affreightment
Contract of employment
Contracted-out (services)
Control accounts
Cooperative game
Coordination failure
Corner solution
Corporate equity
Corporate governance
Corporate planning
Corporation aggregate
Corporation sole
Corporation tax (UK)
Corporate sector
Corporate social responsibility
Corresponding figures
Corruption Perception Index
Cost accounting, costing and cost control
Cost accountant
Cost and freight (c. & f.)
Cost and management Accountants, Institute of
Cost, average
Cost, avoidable
Cost benefit analysis
Cost book mining companies
Cost centre
Cost curves
Cost effectiveness
Cost, insurance, freight and interest (ciLfj.)
Cost, marginal
Cost minimization
Cost of capital
Cost of living index
Cost of protection
Cost, opportunity - see Cost
Cost, overhead - see Fixed costs
Cost-plus contract
Cost-plus pricing - see Cost-plus contranct
Cost schedule
Costs, fixed
Costs, historical or historie
Costs, prime
Costs, seiling
Costs, supplementary
Council tax
Counter-party credit risk
Countervailing duty
Countervailing power
Cournot competition
Cournot duoploy - see Cournot competition
Creative accounting
Credit note
Credit sale agreement
Critical path analysis
Cross offer
Current assets
Current cost accounting (C.C.A.)
Current expenditure
Current liabilities
Current purchasing power (C.P.P.) accounting
Current ratio
Current taxation
Current yield - see Yield
Custom of trade
Customs: airports
Customs: crews effects
Customs drawback
Customs duties - see Tariffs
Customs: final clearance inwards and entry outwards
Customs: landing cargo
Customs: ships' stores
Customs tariff
Customs union
Cut-throat competition

Select topic from the list on the left. Should you not find what you are looking for, please feel free to send us a message and we will try to find it for you.

Cascade tax


Cascade tax

A form of turnover tax allied to valued added tax. In contemporary international trade it may apply to goods which pass through two or more different countries in the course of production, collecting different rates of tax in each; though storage in bonded warehouses may offset its effect by exempting the goods from tax in the country where they are bonded. It follows from this that goods produced in a country where the V.A.T. is low may be cheaper to the ultimate consumer than goods passing through a variety of tax sysms. It is also used as a synonym for turnover tax though, as can be seen from the above, it is not an exact synonym.

Reference: The Penguin Business Dictionary, 3rd edt.