Indirect business taxes include all of the following EXCEPT
A) sales taxes.
B) taxes on business property.
C) taxes on corporate profits.
D) taxes on business equipment.

Question

Quizplus · Accepted Answer

Indirect business taxes are taxes that are imposed on businesses but are ultimately passed on to consumers in the form of higher prices. Sales taxes, taxes on business property, and taxes on business equipment are all examples of indirect business taxes. Taxes on corporate profits, on the other hand, are not typically considered indirect business taxes because they are not directly passed on to consumers.

Indirect Business Taxes Include All of the Following EXCEPT