Which of the following forms of tax does not directly affect cash flows but rather only affects them via its effect on demand (except for the banking and finance industry)?

Question

Quizplus · Accepted Answer

The Goods and Services Tax (GST) is a consumption tax that is only indirectly linked to cash flows as it depends on the demand for goods and services. The other options, such as FBT, CGT, and Corporate Income Tax, are more directly related to cash flows as they are applied to specific transactions or income.

Which of the Following Forms of Tax Does Not Directly