Difference between cascading effect and double taxation
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Cascading effect:
it is the unavoidable effect and may be unexpected events that can occur due to the any act which is effecting the system
in term of tax, the cascade tax is actually tax that is applied in each and every stage of the supply chain .It's the turnover tex.
Double taxation:
When the income tax are to be being applying two times on the same source for the income earned it is called double taxation. So here the tax have to be payed twice.
it is the unavoidable effect and may be unexpected events that can occur due to the any act which is effecting the system
in term of tax, the cascade tax is actually tax that is applied in each and every stage of the supply chain .It's the turnover tex.
Double taxation:
When the income tax are to be being applying two times on the same source for the income earned it is called double taxation. So here the tax have to be payed twice.
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