Question

Which out of the following is an indirect tax?
a. Corporation Tax
b. Income Tax
c. Value added tax
d. Wealth Tax

Answer 1

Answer:

VAT stands for value added tax and is levied on the every stage of production . 2. Which of the following is a form of indirect tax? Explanation: Income tax, wealth tax and corporation tax are all direct taxes and levied by the central government.

Explanation:

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Answer 2

Answer:

value added tax is indirect tax