Oil, Gas, and Petroleum Product Taxes Quiz
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Questions and Answers

Which of the following is not a tax imposed on oil, gases and petroleum products?

  • Excise tax
  • Corporate income tax (correct)
  • Customs duty
  • Value-added tax
  • What type of tax is imposed on the import or export of oil, gases, and petroleum products?

  • Customs duty (correct)
  • Excise tax
  • Property tax
  • Income tax
  • Which tax is levied on the production or sale of oil, gases, and petroleum products within a country?

  • Excise tax (correct)
  • Property tax
  • Value-added tax
  • Income tax
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