select the correct answer. what type of tax are sales tax and excise tax? a. deferred tax b. direct tax c…

select the correct answer. what type of tax are sales tax and excise tax? a. deferred tax b. direct tax c. exempt tax d. indirect tax e. investment tax

select the correct answer. what type of tax are sales tax and excise tax? a. deferred tax b. direct tax c. exempt tax d. indirect tax e. investment tax

Answer

Brief Explanations:

Sales tax and excise tax are paid indirectly by consumers through the purchase price of goods or services. They are not paid directly to the government by the taxpayer as in the case of income - tax. Deferred tax is related to timing differences in accounting, exempt tax means not subject to tax, and investment tax is related to investment activities.

Answer:

D. indirect tax