What is an example of an indirect tax 2024?
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Works at Google, Lives in Mountain View. Holds a degree in Computer Science from Stanford University.
Customs duties levied on imports, excise duties on production, sales tax or value added tax (VAT) at some stage in production-distribution process, are examples of indirect taxes because they are not levied directly on the income of the consumer or earner.
2023-05-09 14:46:26
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Amelia Hall
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Customs duties levied on imports, excise duties on production, sales tax or value added tax (VAT) at some stage in production-distribution process, are examples of indirect taxes because they are not levied directly on the income of the consumer or earner.