Which of the following is associated with the development of petroleum industry in Nigeria?
Neglect of agriculture
Increase in population growth
Increase in the rate of unemployment
Decrease in the rate of inflation
Correct answer is A
No explanation has been provided for this answer.
An ad volarem tax refers to a tax
Imposed on exports
On goods manufactured in the country
Based on the value of the commodity
Levied on income
Correct answer is C
No explanation has been provided for this answer.
A greater burden of tax on a product with high price elasticity of demand rests mainly on the
Producer
Teacher
Civil servant
Middlemen
Correct answer is A
No explanation has been provided for this answer.
Postponing payment of tax
Tax payment according to ability to pay
Making false declaration of taxable income
Paying little amount of money as tax
Correct answer is C
No explanation has been provided for this answer.
Which of the following is a direct tax
Import duty
Export duty
Capital gain tax
Sales tax
Correct answer is C
No explanation has been provided for this answer.