The most common form of indirect tax is value-added tax (VAT), which is levied on the consumption of goods and services at each stage of production and distribution. Other common indirect taxes include sales tax, excise duties, and customs duties. These taxes are generally included in the price of goods and services, making them less visible to consumers compared to direct taxes like income tax. Indirect taxes are widely used by governments to generate revenue while encouraging or discouraging certain behaviors through taxation.
sales tax!
it is an indirect tax
indirect tax
net indirect tax = tax - subsidies
One example of indirect tax is Income Tax.
sales tax!
sales tax!
it is an indirect tax
indirect tax
net indirect tax = tax - subsidies
excise taxA+
One example of indirect tax is Income 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.
iam not sure about the answer 1.income tax 2.direct tax 3.indirect tax 4.corpration tax
indirect tax
Indirect tax is a tax that is shifted from one taxpayer to another through an increase in the price of the good. Service tax is an example of an indirect tax because it is collected by an intermediary.
Income tax is a direct tax levied on your earnings. An indirect tax is the tax you pay if you buy something, after all, you don't have to buy the goods and so pay the indirect tax.