Phrases with «tax incidence»

Tax incidence refers to the distribution of the burden of a tax among individuals or economic entities. It determines who ultimately bears the burden of a tax, whether it is a consumer or a producer. The phrase is used to understand how taxes impact different groups in terms of the costs they have to bear. Full definition

Sentences with «tax incidence»

  • Tata Motors - owned Jaguar Land Rover on Saturday reduced prices of its entire vehicle range in India on an average by 7 per cent to pass on the benefit of reduced tax incidence under GST. (rediff.com)
  • Timely tax planning can reduce income tax incidence on an individual. (bharti-axalife.com)
  • Expectation: With the earlier stated intention of reducing corporate tax as well, the tax net should be widened while simultaneously reducing actual tax incidence (entrepreneur.com)
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