Indirect taxes, Managerial Economics

INDIRECT TAXES

These are imposed on an individual mostly producers or traders but they can be passed on to be borne by others usually the final consumers.  They can also be defined as taxes where he incidence is not on the person on whom it's legally imposed.  They include excise duties, sales tax, Value Added Tax and others.

Posted Date: 11/30/2012 3:10:44 AM | Location : United States







Related Discussions:- Indirect taxes, Assignment Help, Ask Question on Indirect taxes, Get Answer, Expert's Help, Indirect taxes Discussions

Write discussion on Indirect taxes
Your posts are moderated
Related Questions
TRADE UNIONS Trade unions are workers' organizations whose objective is to protect the interests of their members. Functions i.       To bargain on behalf of their mem

FUNCTIONS OF CENTRAL BANK Economists and financial experts lack in unanimity about the functions of a central bank. According to Kisch and Elkin, the essential function of a c

Discuss how the nation's present economic situation may affect your business in the next year (your market is the entire US economy).  Contain the following in your analysis. a)

A MATHEMATICAL APPROACH TO REVENUE AND COST FUNCTIONS Recall that TR = P x Q This implies that P(AR) = TR                                     Q For example, assuming

CLASSIFICATION OF TAXES Taxes can be classified on the basis of: a.     Impact of the taxes It means on whom the tax is imposed.   On the other hand, incidence of the

The most significant uses of the price elasticity of demand, used specifically in business decision-making. It refer to the relationship between price elasticity and the marginal c

SOME DIFFICULTIES IN MEASURING NATIONAL INCOME National Income Accounting is beset with several difficulties. These are: a.       What goods and services to include A

The Microeconomic objectives of government These are the policies which are concerned with the allocation and distribution of resources to maximize social welfare. 1. Allo

CONTRACTING AND INSIDER-OUTSIDER MODELS OF UNEMPLOYMENT   From  the  Walrasian  assumption  of  a market-clearing wage  on  efficiency considerations  -  it was  postulated  th

Problem 1: Using the policy neutrality proposition, Illustrate and determine the effectiveness of applying counter-cyclical monetary policy to stabilise output around its long