Understanding Indirect Taxes

Understanding Indirect Taxes

Assessment

Flashcard

Social Studies

9th Grade

Practice Problem

Easy

Created by

nokuthula nyanyiwa

Used 1+ times

FREE Resource

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13 questions

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1.

FLASHCARD QUESTION

Front

Definition

Back

Taxes on goods/services, not income

2.

FLASHCARD QUESTION

Front

Examples

Back

VAT, sales tax, excise duty

3.

FLASHCARD QUESTION

Front

VAT

Back

Value Added Tax

4.

FLASHCARD QUESTION

Front

Sales Tax

Back

Tax on sale of goods/services

5.

FLASHCARD QUESTION

Front

Excise Duty

Back

Tax on production of goods

6.

FLASHCARD QUESTION

Front

Customs Duty

Back

Tax on imports/exports

7.

FLASHCARD QUESTION

Front

GST

Back

Goods and Services Tax

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