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AN1991 · 31-35, M
There are 2 types of taxes. The first one is direct tax and the second one is indirect tax.
Income tax, which is the tax deducted from your monthly paycheck, is a direct tax.
Sales tax, which is the tax you pay when you purchase goods or services, is an indirect tax.
Hope it clarifies.
Income tax, which is the tax deducted from your monthly paycheck, is a direct tax.
Sales tax, which is the tax you pay when you purchase goods or services, is an indirect tax.
Hope it clarifies.