Consumption Tax
A consumption tax is a tax on the purchase of a good or service. Consumption taxes can take the form of sales taxes, tariffs, excise, and other taxes on consumed goods and services.
Original Article Source Credits: investopedia, https://www.investopedia.com/
Article Written By JULIA KAGAN
Original Article Posted on : Jan 8, 2020
Link to Original Article: https://www.investopedia.com/terms/c/consumption-tax.asp