O'Reilly logo

Business Environment, 2nd Edition by Shaikh Saleem

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 17

Direct and Indirect Taxes

CHAPTER OUTLINE

INTRODUCTION

A tax which is paid by the person on whom it is legally imposed and the burden of which cannot be shifted to any other person is called a “Direct Tax”. J.S. Mill defines a direct tax as “one which is demanded from the very persons who, it is intended or desired, should pay it”. The person from whom it is collected cannot shift its burden to somebody else. Thus, we have the impact, that is, the initial, as the first burden and the incidence, the ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required