Implications of indirect tax burden on primary production and final consumption

Abstract

Indirect taxes are one of the major charges both companies and consumers. Since certain goods are taxed with two or even all three of indirect taxes, the problem is even more significant. This paper aims to present an analysis of the impact of indirect taxes on both the producers and consumers, from the theoretical and practical aspects.

Keywords

• value-added tax
• excise duties
• customs duties
• production