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How does tax share between buyers and sellers?

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Nabadeep8966

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βˆ™ 2013-08-20 22:04:34

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The tax is shared by both buyers and sellers when they carry out a transaction. If a seller is selling car, he will have to pay a tax on the income generated while buyer will pay tax on the posession and use of vehicle.

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βˆ™ 2013-08-20 22:04:34
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The burden of tax is divided between buyers and sellers by the forces of supply and demand.


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