Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Explore our Q&A platform to find reliable answers from a wide range of experts in different fields. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

how is corporate income tax similar to direct tax ? (2)​

Sagot :

Answer:

Corporate tax is an expense of a business (cash outflow) levied by the government that represents a country's main source of income, whereas personal income tax is a type of tax governmentally imposed on an individual's income, such as wages and salaries.