When the government levies a tax on a corporation, who pays the tax?

Name: When the government levies a tax on a corporation, who pays the tax?
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

All of the above pay the tax in some way. The corporation may pass on the cost of the tax to customers by increasing the price of their products, reduce employee wages or benefits, or decrease the amount of dividends paid out to stockholders. Ultimately, the cost of the tax gets spread out among the different stakeholders of the corporation.

When the Government Levies a Tax on a Corporation, Who