the structure of country may have various tax rate depend upon?
options:
1)Direct tax
2)Regressive tax
3)tax base
4) indirect tax
Answers
Answer:
2) Regressive tax
hope it will help u
A direct tax is a tax that a person or organization pays directly to the entity that imposed it. An individual taxpayer, for example, pays direct taxes to the government for various purposes, including income tax, real property tax, personal property tax, or taxes on assets
A regressive tax is a tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases. "Regressive" describes a distribution effect on income or expenditure, referring to the way the rate progresses from high to low, so that the average tax rate exceeds the marginal tax rate
A tax base is defined as the total value of assets, properties, or income in a certain area or jurisdiction. To calculate the total tax liability, you must multiply the tax base by the tax rate:
Tax Liability = Tax Base x Tax Rate
An indirect tax (such as sales tax, per unit tax, value added tax (VAT), or goods and services tax (GST ), excise, consumption tax, tariff) is a tax collected by an intermediary (such as a retail store) from the person who bears the ultimate economic burden of the tax (such as the consumer).