Another tax that most companies face overseas is the value-added tax (VAT) or the sales tax, both of which are considered direct taxes.

Name: Another tax that most companies face overseas is the value-added tax (VAT) or the sales tax, both of which are considered direct taxes.
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Question

Quizplus · Accepted Answer

VAT and sales tax are considered indirect taxes because they are collected by the seller from the consumer and then paid to the government, rather than being directly levied on the income or profits of the company.

Another Tax That Most Companies Face Overseas Is the Value-Added