Cascade tax
id:
cascade-tax-203-813604
title:
Cascade tax
text:
A cascade tax or cascading tax is a turnover tax that is applied at every stage in the supply chain, without any deduction for the tax paid at earlier stages. Such taxes are distorting in that they create an artificial incentive for vertical integration. They have been replaced in Europe and many other locations by a value-added tax.
brand slug:
wiki
category slug:
encyclopedia
description:
Form of taxation
original url:
https://en.wikipedia.org/wiki/Cascade_tax
date created:
date modified:
2023-02-28T00:52:23Z
main entity:
{"identifier":"Q5048193","url":"https://www.wikidata.org/entity/Q5048193"}
image:
fields total:
13
integrity:
14