What is the difference between impact and incidence of tax 2024?
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Studied at University of Melbourne, Lives in Melbourne, Australia
Distinguish Between Impact and Incidence of Taxation! The term impact is used to express the immediate result of or original imposition of the tax. The impact of a tax is on the person on whom it is imposed first. Thus, the person who is Habile to pay the tax to the government bears its impact.
2023-05-07 23:59:15
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Charlotte Hall
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Distinguish Between Impact and Incidence of Taxation! The term impact is used to express the immediate result of or original imposition of the tax. The impact of a tax is on the person on whom it is imposed first. Thus, the person who is Habile to pay the tax to the government bears its impact.