Which of the following is a direct tax?
a) Sales tax
b) Income tax
c) Value-added tax (VAT)
d) Customs duty
What is an example of an indirect tax?
a) Property tax
b) Corporate income tax
c) Excise duty
d) Capital gains tax
Which of the following is considered a direct tax?
a) Sales tax
b) Income tax
c) VAT
d) Custom duties
Which tax is levied on goods and services rather than income?
a) Income tax
b) Property tax
c) Sales tax
d) Inheritance tax
Which of the following is an example of an indirect tax?
a) Income tax
b) Gift tax
c) Excise tax
d) Wealth tax
Which tax is directly paid by the taxpayer to the government?
a) Sales tax
b) Income tax
c) Customs duty
d) Excise tax
Which of the following taxes is an example of a direct tax?
a) VAT
b) Capital gains tax
c) Excise tax
d) Tariffs
Which of the following is an example of an indirect tax?
a) Corporate income tax
b) Property tax
c) Stamp duty
d) Sales tax
What type of tax is the “inheritance tax”?
a) Indirect tax
b) Direct tax
c) Regressive tax
d) Progressive tax
What is a characteristic of an indirect tax?
a) It is directly paid by the taxpayer to the government
b) It is paid on income earned by the individual
c) It is typically paid by the consumer through increased prices
d) It is paid based on an individual’s wealth
Which tax is an example of a direct tax?
a) Sales tax
b) Property tax
c) Value-added tax (VAT)
d) Excise duty
What type of tax is the “income tax”?
a) Direct tax
b) Indirect tax
c) Regressive tax
d) Flat tax
Which tax is paid on the production or sale of goods and services?
a) Income tax
b) Sales tax
c) Property tax
d) Capital gains tax
What type of tax is VAT (Value-added tax)?
a) Progressive tax
b) Direct tax
c) Indirect tax
d) Regressive tax
Which of the following taxes is a direct tax?
a) Excise tax
b) Income tax
c) Sales tax
d) Tariff
Which of the following is an example of an indirect tax?
a) Property tax
b) Income tax
c) Excise tax
d) Corporate tax
What is the key difference between direct and indirect taxes?
a) Direct taxes are paid on income, while indirect taxes are paid on goods and services
b) Direct taxes are imposed on companies only, while indirect taxes are imposed on individuals
c) Indirect taxes are progressive, while direct taxes are regressive
d) There is no difference between direct and indirect taxes
Which tax is an example of a direct tax?
a) Income tax
b) Sales tax
c) VAT
d) Excise tax
Which tax is applied to the value added at each stage of production or distribution of goods and services?
a) Income tax
b) Property tax
c) VAT (Value-added tax)
d) Inheritance tax
What type of tax is a “customs duty”?
a) Indirect tax
b) Direct tax
c) Progressive tax
d) Regressive tax
Which of the following taxes is an example of a direct tax?
a) Sales tax
b) Inheritance tax
c) Value-added tax
d) Excise tax
Which of the following is a regressive tax?
a) Income tax
b) VAT
c) Corporate tax
d) Estate tax
Which of the following taxes is considered to be an indirect tax?
a) Sales tax
b) Income tax
c) Capital gains tax
d) Property tax
What tax system includes taxes like VAT and sales tax?
a) Direct tax system
b) Indirect tax system
c) Progressive tax system
d) Flat tax system
Which tax is levied on an individual’s total wealth?
a) Income tax
b) Inheritance tax
c) Property tax
d) Wealth tax
Which of the following taxes is an example of a direct tax?
a) Sales tax
b) Income tax
c) Excise tax
d) Value-added tax (VAT)
Which of the following taxes is a type of indirect tax?
a) Property tax
b) Income tax
c) VAT
d) Capital gains tax
What is the key feature of direct taxes?
a) They are paid by consumers to the government
b) They are levied on individuals or corporations based on income or wealth
c) They are collected through increased prices
d) They are levied on goods and services
Which of the following is NOT an example of a direct tax?
a) Corporate income tax
b) Capital gains tax
c) Sales tax
d) Inheritance tax
Which tax is usually paid at the point of sale?
a) Sales tax
b) Income tax
c) Capital gains tax
d) Property tax
Which type of tax is commonly used to tax goods imported into a country?
a) Income tax
b) Sales tax
c) Customs duty
d) Inheritance tax
Which type of tax is progressive, where the rate increases as the amount of taxable income increases?
a) Excise tax
b) Income tax
c) Property tax
d) Sales tax
