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Question
______ are those taxes which are paid by the same person on whom they have been imposed.
Options
Proportional tax
Progressive taxes
Direct taxes
Indirect taxes
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Solution
Direct taxes are those taxes which are paid by the same person on whom they have been imposed.
Explanation:
- Direct taxes are those taxes which are paid by the same person on whom they have been imposed.
- Examples include income tax, property tax, and corporate tax, where the individual or entity directly pays the tax to the government without it being passed on to others.
RELATED QUESTIONS
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