1. Indirect taxation

0.0(0)
studied byStudied by 0 people
0.0(0)
linked notesView linked note
full-widthCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/5

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

6 Terms

1
New cards

  • define indirect tax

  • a tax imposed on goods and services by the government

2
New cards

  • state the purpose of imposing an indirect tax

  • good or service becomes more expensive to produce and consume

  • less production + less consumption

3
New cards

  • define specific tax

  • a fixed value indirect tax

4
New cards

  • show a specific tax graph

<p></p>
5
New cards

  • define ad valorem tax

  • a percentage indirect tax

6
New cards

  • show an ad valorem tax graph

<p></p>