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An excise is considered an indirect tax, meaning that the producer or seller who pays the levy to the government is expected to try to recover their loss by raising the price paid by the eventual buyer of the goods. Excise is thus a tax that relates to a quantity, not a value, as opposed to the value-added tax which concerns the value of a good ...
Excision may refer to: . In surgery, the partial removal of an organ, tissue, bone or tumor from a body; Type II female genital mutilation; A term used by the Australian government as part of its definition of the Australian migration zone
In public administration, administrative discretion refers to the flexible exercising of judgment and decision making allowed to public administrators. [1] [2] Regulatory agencies have the power to exercise this type of discretion in their day-to-day activities, and there have been cases where regulatory agencies have abused this power.
Tariffs, and what they mean for them and for consumers. That's the topic everyone was buzzing about at a Washington, D.C., event with major U.S. retailers in early December.
Various constitution authorities have voiced the opinion that excising territory from the migration zone does not affect Australia's sovereignty. [ citation needed ] The "excision" of areas from the migration zone has no effect on the rights of Australian citizens and permanent residents to travel to and remain in that area, and no ...
The owner of an option contract has the right to exercise it, and thus require that the financial transaction specified by the contract is to be carried out immediately between the two parties, whereupon the option contract is terminated.
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