One example of indirect tax is Income Tax.
Income tax is a direct tax levied on your earnings. An indirect tax is the tax you pay if you buy something, after all, you don't have to buy the goods and so pay the indirect tax.
it is an indirect tax
indirect tax A+
Sales tax is an example of an indirect tax. This is taxes that a consumer pays to someone else and then that other person pays the taxes to the government.
One example of indirect tax is Income Tax.
Indirect tax is a tax that is shifted from one taxpayer to another through an increase in the price of the good. Service tax is an example of an indirect tax because it is collected by an intermediary.
Income tax is a direct tax levied on your earnings. An indirect tax is the tax you pay if you buy something, after all, you don't have to buy the goods and so pay the indirect tax.
A tax on perfumeA tax on perfume is an example of an excise tax. Excise taxes are indirect taxes on certain types of goods.
it is an indirect tax
indirect tax A+
Sales tax is an example of an indirect tax. This is taxes that a consumer pays to someone else and then that other person pays the taxes to the government.
Townshend Acts made it so there was an "indirect" tax. An indirect tax is when the tax itself is included in the product's price. For example, glass, paper, tea, etc. Hope I helped :)
indirect tax
excise taxA+
net indirect tax = tax - subsidies
indirect tax