Indirect taxes, Managerial Economics


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

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