tax incidence


Tax obligations between buyers and sellers. Tax incidence changes often as price elasticity slides from one level to another thus shifting more of the burden to buyers or sellers.

Use tax incidence in a sentence

You need to make sure that you know what the tax incidence will be before you decide to close on a deal.

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There was tax incidence between them which meant that they had obligations that they had to live by, or it would not work.

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The tax incidence was considerable as the conditions for the foreign market were fluctuating greatly due to the volatile demand.

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tax impound tax increment financing