CAF-2 · Chapter 1 · Question 8 of 13
Which of the following accurately describes a core characteristic of indirect taxes?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) C) The tax burden is transferred from the supplier or seller to the end consumer.
Explanation
Indirect taxes are imposed on the sale or consumption of goods and services, and the tax burden is shifted from the supplier or seller to the end consumer as part of the purchase price.
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