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Question
An Example of a Direct Tax Is.
An Example of a Direct Tax Is.
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a) Entertainment tax
b) VAT
c) Income Tax
d) Sales tax
Answer: c. Income tax
Income tax is regarded as a direct tax as it is being charged directly to an individual’s income. Also, the individual cannot transfer the tax burden to anyone else.
a) Entertainment tax
b) VAT
c) Income Tax
d) Sales tax
Answer: c. Income tax
Income tax is regarded as a direct tax as it is being charged directly to an individual’s income. Also, the individual cannot transfer the tax burden to anyone else.
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