wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What is meant by shifting of the tax burden? To which tax is this relevant?

Open in App
Solution

Shifting of tax burden is possible in case of indirect tax. The tax is paid by some other person and the final incidence is borne by some other person, e.g. excise duty and sales tax, etc.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Revenue budget
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon