Asked by
jamal kamara
on Nov 16, 2024
Verified
The administrative burden of complying with tax laws is a cost to the government but not to taxpayers.
Administrative Burden
The costs associated with regulatory compliance, paperwork, and bureaucratic procedures that organizations must bear.
Tax Laws
Legislation and regulations governing the collection of taxes by authorities to fund public services and infrastructure.
- Understand the criticality of administrative overhead and deadweight losses in tax systems.
Verified Answer
NM
Learning Objectives
- Understand the criticality of administrative overhead and deadweight losses in tax systems.