Question

Give the meaning of Direct
tax?​

Answer 1

Answer:

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Explanation:

Definition: Direct tax is a type of tax where the incidence and impact of taxation fall on the same entity. ... These are largely taxes on income or wealth. Income tax, corporation tax, property tax, inheritance tax and gift tax are examples of direct tax.

Answer 2

Answer:

Direct tax is a type of tax where the incidence and impact of taxation fall on the same entity. ... These are largely taxes on income or wealth. Income tax, corporation tax, property tax, inheritance tax and gift tax are examples of direct tax.

Explanation:

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