Which situation is an example of direct taxation?
Understand the Problem
The question is asking for an example of direct taxation, which refers to taxes that are paid directly to the government by the taxpayer. Common examples include income tax, property tax, and corporate tax. The goal is to identify a specific scenario that clearly illustrates this concept.
Answer
Businesses paying income tax
The situation where businesses must send a portion of their income each year to the government is an example of direct taxation
Answer for screen readers
The situation where businesses must send a portion of their income each year to the government is an example of direct taxation
More Information
Direct taxes are paid directly to the government by the individual or organization on whom it is imposed, like income taxes.
Sources
- Direct Tax Definition, History, and Examples - Investopedia - investopedia.com
- Solved Which situation is an example of direct taxation?A. - Chegg - chegg.com
- Direct tax - Wikipedia - en.wikipedia.org
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