Taxation · Direct vs Indirect Taxes
Corporate income tax differs from indirect taxes because corporate tax is imposed primarily on:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1movement of goods across states
- 2consumption of final goods and services
- 3value addition in the supply chain
- 4taxable income or profits of companies✓
Correct answer
taxable income or profits of companies
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