Answered

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Corporate taxes are a type of

income tax.
property tax.
sales tax.
excise tax.

Sagot :

Pak7

Answer:

Income tax

Explanation:

Corporate taxes are a type of income tax.

Personal income tax is a type of tax levied by the government on an individual's earnings, such as employee compensation.

Whereas corporate tax is a government-assessed expense (cash outflow) that is a country's primary source of revenue.

Thus, Option A is correct.

Is business tax based on profit or revenue?

A corporation tax is a tax levied on the profits of a business.

Taxes are levied on a company's taxable income, which is revenue minus cost of goods sold (COGS), general and administrative (G&A) expenses, selling and marketing, research and development (R&D), depreciation, and other operational expenses.

For more information about Corporate tax refer to the link:

https://brainly.com/question/17075354

#SPJ2

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