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Which of the following is an indirect tax?

Economics
JAMB 2017
Which of the following is an indirect tax?
  • A. Poll tax
  • B. personal income tax
  • C. Company tax
  • D. excise duties
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Correct Answer: Option D
Explanation
Indirect tax refers to taxes which are imposed or levied on goods and services. The producers bear the initial burden of tax before shifting them to the final consumers in the form of higher price.
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