How to classify a tax as direct tax or indirect tax?
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Tax which is directly paid by customers to government called direct tax...
Tax which is not directly paid by the customer to government called indirect tax...
Direct tax will be - - Income tax
Indirect tax will be - - sales tax -, VAT...
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Tax which is not directly paid by the customer to government called indirect tax...
Direct tax will be - - Income tax
Indirect tax will be - - sales tax -, VAT...
❤️❤️❤️
Answered by
4
Answer:
Direct Tax Vs Indirect Tax: Direct taxes are paid in entirety by a taxpayer directly to the government. It is also defined as the tax where the liability as well as the burden to pay it resides on the same individual.
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