Which of the following is not a State tax?

Profession Tax

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Sales Tax

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Land Tax

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Wealth Tax

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Solution

The correct option is C Wealth Tax
Wealth tax is a tax based on the market value of the assets owned. It is also called as capital tax or equity tax.
State tax is the one which is imposed on the taxable income of individuals, corporations, certain estates and trusts. Hence, wealth tax is not a state tax.

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