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4. Suppose that a new law introducing a change to the Tax Code on Excises was officially published on January 2017. The law states that
4. Suppose that a new law introducing a change to the Tax Code on Excises was officially published on January 2017. The law states that it comes into force from the date of official publication. According to the new law the Excise rate on butter is reduced retroactively starting 1 January 2017. Assume one month as a tax period for excises Briefly comment on the effective date of the law
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