Podcast
Questions and Answers
When does a capital gains tax apply?
When does a capital gains tax apply?
- When assets decrease in value
- When purchasing assets
- When holding assets for a long time
- When selling assets at a profit (correct)
What is income tax based on?
What is income tax based on?
- Percentage of income (correct)
- Percentage of sales
- Percentage of profits
- Percentage of property value
When does corporate tax apply?
When does corporate tax apply?
- On business profits (correct)
- On employee salaries
- On property value
- On sales revenue
What is the purpose of excise tax?
What is the purpose of excise tax?
What is property tax based on?
What is property tax based on?
What is income tax?
What is income tax?
What is sales tax?
What is sales tax?
What is property tax based on?
What is property tax based on?
What is corporate tax?
What is corporate tax?
What is excise tax?
What is excise tax?