Indirect taxation
This page contains the activities, with student access, for the teacher page: Indirect taxation Indirect tax - tax placed on a good or service, raising the production costs of the business. It is a tax on expenditure rather than a tax on income. Specific tax - this is a fixed amount placed upon a good or service, e.g. a government may impose a specific tax of say $ 4 on each pack of cigarettes sold. Ad valorem tax -...