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LEGAL WORD

Retrospective tax

Legal term · Tax law

Retrospective tax

  • Type: Legal term
  • Area of law: Tax law

1 What it means

A tax law that applies to transactions before it was passed.

2 Use it in a sentence

The retrospective tax amendment was later withdrawn.

3 Make it stick

Write your own sentence using Retrospective tax about a case or topic you are studying this week, then check it against the meaning above.

4 Related words

Ad valoremAssessmentGSTInput tax creditTax evasion

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Educational content only — not legal advice.