passwella.
Menu

JAMB Economics 1979 Question 14

Question 14

Public Finance

Which of the following is not an indirect tax?

  1. A.Excise duty
  2. B.Company tax
  3. C.Import duty
  4. D.Export duty
  5. E.Sales tax.
Show the answer and explanation

Answer: B (Company tax)

Explanation

Company tax is paid directly on company profits, so it is a direct tax; the others are taxes on goods.