0
What is the difference between direct income and indirect income?
Wiki User
∙ 14y ago
1. Direct income is one which is earned directly by way of
business activities.
2. Indirect income is one which is earned by way of non-
business activities. For example, sale of old newspapers, sale of
carton boxes, etc.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
The difference between direct taxs and indirect taxs and give examples of each?
The difference between direct taxes and indirect taxes with examples is that direct taxes come directly from a person's income or personal property taxes. Indirect taxes comes from sales and excise taxes.
What is the difference between the direct method and indirect method?
The main difference between the direct method and the indirect method involves the cash flows from operating activities. Under the direct method, the cash flows from operating activities will include the amounts for lines such as cash from customers and cash paid to suppliers. In contrast, the indirect method will show net income followed by the adjustments needed to convert the total net income to the cash amount from operating activities.
Is federal income tax direct or indirect?
Federal income tax is a direct tax on income and not an indirect tax. Direct taxes are paid directly to the government.
State income tax direct or indirect?
direct
What are the example of direct and indirect income?
Shut up, Meg
The difference between direct taxs and indirect taxs and give examples of each?
The difference between direct taxes and indirect taxes with examples is that direct taxes come directly from a person's income or personal property taxes. Indirect taxes comes from sales and excise taxes.
What is the difference between direct and indirect taxes?
A direct tax is one that is taken directly from the individual, such as income tax. Indirect taxes, such as sales tax, are collected by merchants and taken from the consumer. Indirect taxes also lead to inequalities while direct taxes do not.
What is the difference between direct tax and indirect ta?
Direct taxes are levied directly on individuals or organizations and cannot be transferred to another party, such as income tax or property tax. Indirect taxes are imposed on goods and services and are ultimately paid by the consumer, like sales tax or value-added tax.
What is the difference between the direct method and indirect method?
The main difference between the direct method and the indirect method involves the cash flows from operating activities. Under the direct method, the cash flows from operating activities will include the amounts for lines such as cash from customers and cash paid to suppliers. In contrast, the indirect method will show net income followed by the adjustments needed to convert the total net income to the cash amount from operating activities.
Is federal income tax direct or indirect?
Federal income tax is a direct tax on income and not an indirect tax. Direct taxes are paid directly to the government.
What is the difference between a direct tax and an indirect tax?
A direct tax is a tax exacted directly from the persons who will bear the burden of it (without reimbursement to them at the MORE?.An example of direct taxation would be income taxes that are collected from the people who actually earn their income...more
What the difference between a direct tax and an indirect tax?
A direct tax is a tax exacted directly from the persons who will bear the burden of it (without reimbursement to them at the MORE?.An example of direct taxation would be income taxes that are collected from the people who actually earn their income...more
State income tax direct or indirect?
direct
Is state income tax direct or indirect?
direct
What are the example of direct and indirect income from tourism?
Direct income from tourism includes revenue from accommodations, transportation, attractions, and tours. Indirect income results from the spending of tourism-related businesses on goods and services such as maintenance, supplies, and utilities, generating income for other sectors of the economy.
Difference between net income and gross income?
Gross income is the difference between revenue and direct expenses while net income is the income from all activities of business whether oprating activities or other activities.
What are the example of direct and indirect income?
Shut up, Meg
