Direct tax differs from indirect tax in that direct tax is:
AImposed on goods
BImposed on income/profits and borne by the same personCORRECT
CAlways lower
DCharged at customs only
ACCATaxation
AI
Toaster Teacher
Why the answer is B, and why the others tempt you.
Direct taxes are on income/profits (CIT, PIT) — same person bears the burden. Indirect taxes (VAT, customs) are on consumption.
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