Difference between revisions of "Commodity Taxes"
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== Definition == | == Definition == | ||
| − | '''Commodity Taxes'''. Taxes that are collected directly from purchasers by industries on behalf of government. They include most sales and excise taxes. Commodity taxes are part of commodity output and are included in the producers’ value of transactions. Most commodity taxes are collected by wholesalers and retailers.<ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref> | + | '''Commodity Taxes'''. Taxes that are collected directly from purchasers by industries on behalf of government. They include most sales and excise taxes. |
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| + | Commodity taxes are part of commodity output and are included in the producers’ value of transactions. Most commodity taxes are collected by wholesalers and retailers.<ref>Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009</ref> | ||
== References == | == References == | ||
Latest revision as of 23:16, 13 November 2023
Definition
Commodity Taxes. Taxes that are collected directly from purchasers by industries on behalf of government. They include most sales and excise taxes.
Commodity taxes are part of commodity output and are included in the producers’ value of transactions. Most commodity taxes are collected by wholesalers and retailers.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
