*This definition only applies to the Canadian and International Data Sets*
All taxes and subsidies (except taxes and subsidies on products) that enterprises incur as a result of engaging in production. They do not include any taxes on the profits or other income received by the enterprise and are payable regardless of the profitability of the production. They may be payable on the land, fixed assets or labour employed in the production process or on certain activities or transactions.
OTXS is relevant to IMPLAN’s Canada Provincial and International Products, which are valued in Basic Prices. Learn more in Components of Value Added and the TOPS Account.
Additional resources: System of National Accounts 2008; Statistics Canada Glossary