The following is a characteristic of indirect tax -
A) the impact and incidence are not on the same person.
B) it is levied on income.
C) taxes are progressive in nature.
D) all of the above
Correct Answer:
Verified
Q4: Federalism refers to a
A)relationship between the national
Q5: The objective of taxation by the Government
Q6: Which of the following is not a
Q7: Transfer Payments include
A)old age pension
B)subsidies
C)wealth tax
D)corporate income
Q8: The following is not a characteristic of
Q10: Special assessment is also known as
A)tax revenue
B)battement
Q11: Impact of a tax refers to
A)final money
Q12: Which factor has no role in the
Q13: Which of the following is not a
Q14: Which of the following is administrative non-tax
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