A tax that is applied at each stage of the production process is known as a

Name: A tax that is applied at each stage of the production process is known as a
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A tax that is applied at each stage of the production process is known as a value-added tax (VAT). A VAT is a consumption tax that is calculated on the value added at each stage of production or distribution. It is typically used in many countries as a way to generate revenue for the government.

A Tax That Is Applied at Each Stage of the Production