Which of the following is NOT an appropriate description of the meaning of the term incidence of tax?

Which of the following is NOT an appropriate description of the meaning of the term incidence of tax?
A . It refers to the distribution of the tax burden.
B . It only relates to the person or entity that actually pays the tax authorities.
C . It can be formal or actual.
D . It relates to the person or entity that ultimately bears the cost of the tax.

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Answer: B