= outlay tax

A tax on the expenditure of individuals or households. This form of taxation, of which VAT is an example, is often preferred by tax theorists to income taxes, as it does not distort the incentive to work.

• implicit interest
• implied forward interest rate
• implied future rate
• implied term
• implied volatility
• implied yield
• import duty
• imprest account
• imputation system
• imputation system of taxation
• IMRO
• in-arrears swap
• in-barrier option
• incentive bonus
• incentive-compatible contract
• incentive compensation
• incentive stock option
• incentive trade
• incestuous share dealing
• inchoate instrument
• incidence of taxation
• income
• income and expenditure account
• income bond
• income distribution