Indirect business taxes refer to

Question

Quizplus · Accepted Answer

Indirect business taxes are sales and local taxes paid by the business. They are indirect because the business pays them, but ultimately they are passed on to consumers in the form of higher prices. Depreciation expenses (A) are a type of accounting expense that reflects the decrease in value of a company's assets over time. Payments for low-skilled labor (C) are not taxes at all, but are instead a type of labor cost. Dividend taxes (D) are taxes paid on the dividends that a company pays to its shareholders, but they are not classified as indirect business taxes.

Indirect Business Taxes Refer to