What Is Pigouvian Tax?

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What Is Pigouvian Tax?

The Pigouvian tax is a process which is most usually applied by the UK government because of its low transaction charges included in the transactions.

There are other ways as well, such as command and control regulations or subsidies. A Pigouvian tax, also spelt as Pigovian tax, is a tax, which assumed on any market enterprise which creates negative externalities and it is intended to fix an inefficient market outcome. Read more at DNS Accountants.

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