TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

flat-sum tax [1 record]

Record 1 1981-01-27

English

Subject field(s)
  • Taxation
OBS

The King taxes a monopolist a flat sum for his match - monopoly franchise - say $100 per day, no matter what he does. (...) If the monopolist successfully maximizes his profits before and after the tax and if nothing else changes and if he stays in business, the flat-sum tax will have absolutely no effect on price or output, but will be borne completely by the monopolist.

French

Domaine(s)
  • Fiscalité

Spanish

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