1. World problems
  2. Distorting effects of commodity taxes on the transaction of goods and nonfactor services

Distorting effects of commodity taxes on the transaction of goods and nonfactor services

Nature

In most developing countries commodity taxes account for 50 to 70% of of all tax revenue. Governments often rely heavily on the domestic production taxes that distort the transactions between producers. Succeeding transactions add tax to that already paid previously by producers or distributors. The price of outputs increases and generates differential taxation of consumption.

Broader

Narrower

Strategy

Value

Illness
Yet to rate

SDG

Sustainable Development Goal #12: Responsible Consumption and ProductionSustainable Development Goal #17: Partnerships to achieve the Goal

Metadata

Database
World problems
Type
(E) Emanations of other problems
Subject
  • Commerce » Merchandise
  • Commerce » Taxation
  • Industry » Commodities
  • Social activity » Services
  • Societal problems » Distortion
  • Content quality
    Presentable
     Presentable
    Language
    English
    Last update
    Oct 4, 2020