ManagementMania AppMania EduMania JobMania BusinessPages


What is Flat tax (Fixed tax)
Flat tax (or fixed tax) is a one-rate tax on subjects regardless of their income, sales and so on. All subjects pay the same rate. It is usually applied in excise taxes or VAT. Some states apply a flat tax on income tax as well. Its opposite concept is a progressive tax.


Related terms and methods:

Related management field:

previous next
Did this article help you?
Rating:
Last update: 14.08.2016

Comments



You cannot contribute to the discussion because it is locked


Related consulting companiesmore...