
TAXATION
Authored by Dessa Sibayan
Social Studies
10th Grade
Used 1K+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a term for when a taxing authority, usually a government, levies or imposes a tax.
Tax payers
Tax Credits
Tax rate
Taxation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Governments impose income taxes on financial income generated by all entities within their jurisdiction, including individuals and businesses.
payroll tax
consumption tax
inheritance tax
value added tax
income tax
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A type of tax levied on individuals who inherit the estate of a deceased person.
payroll tax
consumption tax
inheritance tax
value added tax
income tax
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a tax on the purchase of a good or service
payroll tax
consumption tax
inheritance tax
value added tax
income tax
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a tax withheld by employers from each employee's salary and is paid to the government.
payroll tax
consumption tax
inheritance tax
value added tax
income tax
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is added to a product at every point on the supply chain where value is added.
payroll tax
consumption tax
inheritance tax
value added tax
income tax
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an individual or business entity that is obligated to pay taxes to a federal, state, or local government.
taxation
tax credit
taxpayers
tax rate
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