What Is The Difference Between Impact Of Taxation And Incidence Of Taxation?

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Solution

Impact Of Taxation and Incidence Of Taxation – Differences.

Impact Of Taxation

Incidence Of Taxation

It is the point of the original assessment.

It is the ultimate point of the tax burden.

Impact taxation can be shifted.

Incidence taxation cannot be shifted.

Impact taxation falls upon the person from whom the tax is collected

Incidence taxation rests on the person who pays it eventually

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Impact Of Taxation	Incidence Of Taxation
It is the point of the original assessment.	It is the ultimate point of the tax burden.
Impact taxation can be shifted.	Incidence taxation cannot be shifted.
Impact taxation falls upon the person from whom the tax is collected	Incidence taxation rests on the person who pays it eventually