Asked by
Kirsten Barrett
on Nov 05, 2024
Verified
The ultimate distribution of a taxʹs burden is the
A) tax structure.
B) tax incidence.
C) tax base.
D) tax rate.
Tax Incidence
The study of who ultimately bears the burden of a tax, which can differ from who the tax is initially levied upon.
Tax Burden
The measure of taxes that an individual or business must pay out of their income or profit.
- Ascertain the allocation of tax obligations between corporations and employees.
Verified Answer
JA
Learning Objectives
- Ascertain the allocation of tax obligations between corporations and employees.
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