An example of an indirect tax is
...An example of an indirect tax is
Profit tax
Sales tax
Capital gain tax
Poll tax
Correct answer is B
Indirect taxes are those taxes that can be shifted from one individual to another. It is not levied directly on the income of the taxpayer, but is levied on the expenses incurred by them. These include taxes such as sales tax and excise duties.
The voting power in cooperative societies is vested on ...
Government revenue will increase if taxes are levied on goods with ...
Retailers in an economy perform the function of ______ ...
An economic problem exists whenever ...
Which of the following can be used to measure the Gross National product in an open economy? ...
Which of the following is an indirect tax? ...
Which of the following is central to the definition of Economics? ...
The technical relationship between the physical inputs and the physical outputs of a firm is ...