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Question

Which of the following has to pay the Sales tax?


A

Manufacturer

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B

Buyer

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C

Seller

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D

Government

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Solution

The correct options are
B

Buyer


C

Seller


Sales Tax is the tax levied on the sale of goods and services. It is paid by both the buyer and the seller. It is usually calculated as a percentage of the purchase price collected by the seller.


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