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what is the difference between direct and indirect tax?

(@Anonymous)
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what is the difference between direct and indirect tax?
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Topic starter Posted : 04/05/2011 10:43 am
(@Anonymous)
New Member

Re: what is the difference between direct and indirect tax?

The difference between a direct and indirect tax is complicated because it truly depends on whether you are asking from a “legal” or an “economic” perspective. In economics, a direct tax will refer to any levy that is both imposed and collected on a specific group of people or organizations. A sales tax, for instance, would not be considered a direct tax because the money is collected from merchants, not from the people who actually pay the tax (the consumers). An example of direct taxation would be income taxes that are collected from the people who actually earn their income. Indirect taxes are collected from someone or some organization other than the person or entity that would normally be responsible for the taxes
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Posted : 14/06/2011 10:10 am
(@Anonymous)
New Member

Re: what is the difference between direct and indirect tax?

The difference between a direct and indirect tax is complicated because it truly depends on whether you are asking from a “legal” or an “economic” perspective. In economics, a direct tax will refer to any levy that is both imposed and collected
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Posted : 17/06/2011 5:11 am
(@Anonymous)
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Re: what is the difference between direct and indirect tax?

Indirect tax example is that which tax on the products like sales tax it seems as they were given the industries but actually they were paid by the customers.

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Posted : 30/06/2011 12:15 pm
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