Accountancy, asked by meghagunjal2208, 1 month ago

the incidence of tax on tax is called​

Answers

Answered by swapnanil4361
1

Answer:

Tax incidence

Explanation:

Tax incidence (or incidence of tax) is an economic term for understanding the division of a tax burden between stakeholders, such as buyers and sellers or producers and consumers. ... If demand is more elastic than supply, producers will bear the cost of the tax

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