Direct taxes are levied on specific economic activities.

Name: Direct taxes are levied on specific economic activities.
Brand: Quizplus
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Quizplus · Accepted Answer

Direct taxes are levied on individuals or entities based on their income, property, or assets, and not on specific economic activities. Examples of direct taxes include income tax, property tax, and estate tax. Indirect taxes, on the other hand, are levied on specific economic activities such as sales tax or value-added tax (VAT).

Direct Taxes Are Levied on Specific Economic Activities