Taxes imposed on firms in the course of their production of goods and services are called

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Indirect business taxes are taxes imposed on firms during the production process, such as sales taxes on raw materials or excise taxes on specific goods. These taxes are ultimately passed on to consumers in the form of higher prices. Direct business taxes, such as corporate income taxes or property taxes, are levied on the firm itself rather than on its production processes. Output tax is a tax on the final value of a product or service, while profit tax is a tax on a firm's net income.

Taxes Imposed on Firms in the Course of Their Production