indirect taxesthese are imposed on an individual, Managerial Economics

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indirect taxesthese are imposed on an individual

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.

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Managerial Economics: indirect taxesthese are imposed on an individual

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