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The (consumer) of the product. Companies must pass on the added cost of government regulation/compliance to the products they sell or manufacture, therefore the end user will pay the added cost.
Generally, the cost of compliance with government regulations is borne by the companies or individuals subject to those regulations. This cost may include expenses related to implementing and maintaining compliance measures, such as conducting audits, providing training, or purchasing necessary equipment. Ultimately, these costs can be passed on to consumers through higher prices or absorbed by the company itself, affecting its profitability.
The (consumer) of the product. Companies must pass on the added cost of government regulation/compliance to the products they sell or manufacture, therefore the end user will pay the added cost.
The impact of a tax refers to the person who pays it to the government in the first instance. The incidence of a tax refers to the money burden of a tax on the person who ultimately pays it. - MP
we do
Taxpayers
Compliance is to do with following the law, therefore corporate compliance refers to what a corporate company or organisation has to do to adhere to government regulations.
The United States government
Taxpayers
Government
no
The government