Taxes

The tax people pay on their wages and salaries is called

• capital transfer tax

• income tax

• wealth tax

A tax on wages and salaries or on company profits is a

• direct tax

• indirect tax

• value-added tax

A tax levied at a higher rate on higher incomes is a called a

• flat tax

• progressive tax

• regressive tax

A tax paid on property, sales transactions, imports, and so on is a/an

• direct tax

• indirect tax

• value-added tax

A tax collected at each stage of production, excluding the already-taxed costs from previous stages, is called a/an

• added-value tax

• sales tax

• value-added tax

Profits made by selling assets are generally liable to a

• capital gains tax

• capital transfer tax

• wealth tax

Gifts to family members over a certain value are often liable to a/an

• capital gains tax

• inheritance tax

• value-added tax

The annual tax imposed on people's fortunes (in some countries) is a

• added-value tax

• capital gains tax

• wealth tax

Making false declarations to the tax authorities is called

• fiscal policy

• tax avoidance

• tax evasion

Making false declarations to the tax authorities is called

• fiscal policy

• tax avoidance

• tax evasion