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Government Budget: Receipts & Expenditure · Question 22 of 57

Question 22

EasyOriginal question

The tax levied on the profits of companies is

Options for question 22

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Corporation tax is a direct tax on company income.

Concept
Corporation tax
Typical time
40 s
Your time
—
The rule this testsDirect and indirect taxes
Practise this chapter →

Ten questions from Government Budget: Receipts & Expenditure, at your own pace.

Practise this chapter →

Ten questions from Government Budget: Receipts & Expenditure, at your own pace.

Practise this chapterAll 57 questions in Government Budget: Receipts & ExpenditureRevise the notes for Government Budget: Receipts & Expenditure