Types of Taxes Quiz

Direct tax is levied on properties, while indirect tax is levied on individuals.

Direct tax is paid by the intended taxpayer, while indirect tax is paid by someone else. (correct)

Direct tax has a fixed amount, while indirect tax is based on the value of the tax object.

Direct tax is progressive, while indirect tax is regressive.

None of the above

Excise tax

Value Added Tax

Progressive tax (correct)

Specific tax

None of the above

To tax annual income, gains, or profits

To collect taxes on properties, real, or personal

To impose taxes on sin products and non-essential commodities (correct)

To impose a fixed amount per unit tax

None of the above

<p>Enforced Contribution</p> Signup and view all the answers

<p>Proportionate in Character</p> Signup and view all the answers

<p>When qualified by law, like backpay certificates</p> Signup and view all the answers

<p>To allocate government costs to the people</p> Signup and view all the answers

<p>To enforce the tax effectively</p> Signup and view all the answers

<p>Legislative body of the state</p> Signup and view all the answers

<p>Benefit received theory</p> Signup and view all the answers