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What Do You Mean By Direct And Indirect Taxes?

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    A direct tax in to be paid by the person or organization on which the tax is imposed. A direct tax as like an income tax or property tax, levied directly on the taxpayer is to be paid by the person.

    An indirect tax is a tax which can be such as a sales tax or value-added tax that is known to be levied on goods or services rather than individuals. The indirect tax is then ultimately paid by a consumer which is mostly in the form of higher prices.

    These indirect taxes are imposed on goods and services rather than on individuals, organizations and firms.
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    Katie01 

    answered 1 year ago

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