JAMB Economics 1988 Question 36

Question 36

Public Finance

Which of the following is a direct tax?

  1. A.Sales tax
  2. B.Purchase tax
  3. C.Export duties
  4. D.Property tax.
Show the answer and explanation

Answer: D (Property tax.)

Explanation

A property tax is paid directly by the owner to the government; the others are taxes on goods, which are indirect.