(0) 17. Identify the tax whose burden can be shifted (a) GST (b) Sales tax (c) VAT (d) All of the above
Answers
Answered by
0
Answer:
An indirect tax is collected by one entity in the supply chain (usually a producer or retailer) and paid to the government, but it is passed on to the consumer as part of the purchase price of a good or service. The consumer is ultimately paying the tax by paying more for the product.
Explanation:
Similar questions