Question

how were the taxes paid in cash or in kind mention any three points

Answer 1

Taxes are to be paid in cash. In fact, all the taxes are needed to be paid whether by the net banking, DD or by cheque.

Federal Income Tax: A tax levied by a national government on yearly revenue.

State and/or Local Income Tax: A tax levied by a local or state government on yearly revenue. Not all states have implemented the state-level income taxes.

Sales Tax: A tax inflicted by the government at the sale of retail goods and services. It is obtained by the retailer and transferred on to the state.

Technically, customers pay sales taxes, but finally, the business pays them because the tax boosts customers costs and makes them purchase less.