A tax that is levied on expenditure such as a sales tax imposed at the retail level. See direct tax; excise tax; sales tax; VAT.
Read MoreIndividual franchise contract
It is a collaboration contract between two legally independent companies: Franchisor and Franchisee. By virtue of this contract, the Franchisor grants the Franchisee the right to exclusive distribution of its products (or services) in uniformly equipped and fitted establishments, together…
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