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

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02-08-2021
Business

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

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gimigrgr73 gimigrgr73 · Answer 1 · 2021-08-02T08:54:31-04:00

gimigrgr73 gimigrgr73

02-08-2021

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.

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