The Caribbean islands are called the West Indies to correct the name, Indies, mistakenly given by Christopher Columbus. Columbus thought he had reached the Indies of Asia.
We also have lists of Words that end with tax, and words that start with tax. Search for words that start with a letter or word: 11 Letter words that contain tax. 1  Epitaxially. 2  Paclitaxels. 3  Phototaxies. 4  Phyllotaxes. 5  Phyllotaxis. 6  Pleiotaxies. 7  Stereotaxic.
Specific and ad valorem taxes. There are two types of indirect tax; specific and ad valorem. A unit tax is a set amount of tax per unit sold, such as a 10p tax on packets of cigarettes. In contrast, an ad valorem tax is a percentage tax based on the value added by the producer.