Question

Tax paid is;
1)source of fund
2) application of fund
3)no flow of fund
4)none of the above
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Answer 1

$\huge \bold \color {pink}{Source \: of \: fund}$

A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures. ... Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent.

Answer 2

1) sources of funds



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