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National Income
National Income
Customs duties are basically excise taxes on imports.
Study island: It is a regressive tax. Citizens of a country are charged certain levies indirectly, commonly known as indirect taxes. These are the taxes payable on an activity or a commodity. Some common examples of indirect taxes are sales tax and excise tax.
Regressive
Excise Taxes.
National Income
National Income
There is a federal excise tax and a state sales tax.
service tax , income tax, sales tax, tds tax, excise tax & other taxes
Taxes may be proportional taxes, progressive taxes or regressive taxes, based on how they are calculated.Some types of taxes are excise taxes, income taxes, sales and value-added taxes, and property (ad valorem) taxes.
excise taxes
Customs duties are basically excise taxes on imports.
Tax on gasoline is an example of an excise tax. Excise taxes are taxes on specific goods or services that are typically included in the price of the product and paid by the consumer, rather than collected separately. The purpose of an excise tax is usually to discourage the consumption of the taxed item or to raise revenue for the government
property taxes
A tax on perfumeA tax on perfume is an example of an excise tax. Excise taxes are indirect taxes on certain types of goods.
Study island: It is a regressive tax. Citizens of a country are charged certain levies indirectly, commonly known as indirect taxes. These are the taxes payable on an activity or a commodity. Some common examples of indirect taxes are sales tax and excise tax.