where the burden of a tax finally rests is called

  • A tax object
  • B tax rate
  • C incidence of taxation
  • D system of taxation
waec 2006economics

The correct answer is C. incidence of taxation

Where the burden of a tax finally rests is called the incidence of taxation.

The incidence of taxation refers to who ultimately bears the burden of a tax. It can fall on the entity that is legally responsible for paying the tax, or it can be passed on to another party.

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