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[10] Moreover, the extent of regressive character of an indirect tax depends upon the sort of indirect tax.  Empirical evidence indicates that excise taxes are generally much more regressive than VAT. This may be attributed to the fact that excise taxes are levied on products such as Alcoholic beverages, tobacco, and these merchandise comprise a h

Registration is frequently carried out on the internet or in a government Office environment, and it’s a way to make certain everyone who really should pay out taxes is known to the tax authorities. A monetary Transaction Tax (FTT) is usually a levy imposed on certain economical transactions for example inventory trades, currency exchanges, or c