Economy, asked by soniaroy131201, 1 month ago

what is the main differences between direct and indirect taxes​

Answers

Answered by Anonymous
22

ᴅɪʀᴇᴄᴛ ᴛᴀxᴇꜱ ᴀʀᴇ ɴᴏɴ-ᴛʀᴀɴꜱꜰᴇʀᴀʙʟᴇ ᴛᴀxᴇꜱ ᴘᴀɪᴅ ʙʏ ᴛʜᴇ ᴛᴀx ᴘᴀʏᴇʀ ᴛᴏ ᴛʜᴇ ɢᴏᴠᴇʀɴᴍᴇɴᴛ ᴀɴᴅ ɪɴᴅɪʀᴇᴄᴛ ᴛᴀxᴇꜱ ᴀʀᴇ ᴛʀᴀɴꜱꜰᴇʀᴀʙʟᴇ ᴛᴀxᴇꜱ ᴡʜᴇʀᴇ ᴛʜᴇ ʟɪᴀʙɪʟɪᴛʏ ᴛᴏ ᴘᴀʏ ᴄᴀɴ ʙᴇ ꜱʜɪꜰᴛᴇᴅ ᴛᴏ ᴏᴛʜᴇʀꜱ. ɪɴᴄᴏᴍᴇ ᴛᴀx ɪꜱ ᴀ ᴅɪʀᴇᴄᴛ ᴛᴀx ᴡʜɪʟᴇ ᴠᴀʟᴜᴇ ᴀᴅᴅᴇᴅ ᴛᴀx (ᴠᴀᴛ) ɪꜱ ᴀɴ ɪɴᴅɪʀᴇᴄᴛ ᴛᴀx.

Answered by Anonymous
2

A direct tax is one that the taxpayer pays directly to the government. These taxes cannot be shifted to any other person or group. An indirect tax is one that can be passed on-or shifted-to another person or group by the person or business that owes it.

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