Answer Posted / regina
A direct tax is the tax which is mostly levied on the
income of people and conpanies.the burden of tax cannot be
shifted but alwways borne by the tax payer,eg of DIRECT TAX
include personal income tax ,capital gain tax
etc.
Indirect tax is is a tax which a person paid in porportion
to the valvbe of a particular goods sold and brought.the
burdrn of indirect tax is mostly impossed on to the final
consumer in the form of high price.eg are import
duty ,export duty,etc
| Is This Answer Correct ? | 25 Yes | 6 No |
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