At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Experience the ease of finding accurate answers to your questions from a knowledgeable community of professionals. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.
Sagot :
The consumer is ultimately responsible for covering the cost of any excise taxes levied by the government on goods.
About Excise Tax
Any duty on produced items that is assessed at the time of manufacture rather than the time of sale is known as an excise, or excise tax. Excises and customs duties are frequently used interchangeably, although customs taxes are imposed on already-existing products when they pass a specified border in a certain direction, whereas excise is imposed on things that were created inland.
Since an excise is seen as an indirect tax, the manufacturer or seller that pays the levy towards the government is required to compensate for their loss by increasing the price that the final purchaser of the goods will have to pay.
To know more about excise taxes:
brainly.com/question/13512971
#SPJ4
Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.
