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.

​ Was this Helpful? YES  NO 10 people found this helpful.

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

​ Was this Helpful? YES  NO 6 people found this helpful.

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

​ Was this Helpful? YES  NO 7 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
tax impound tax increment financing