The property taxes on a factory building would be an example of:
A)Option A
B)Option B
C)Option C
D)Option D

Question

The property taxes on a factory building would be an example of: 
A)Option A 
B)Option B 
C)Option C 
D)Option D

Quizplus · Accepted Answer

Property taxes are a type of direct tax levied by the government on owners of real property, which includes land and buildings. Thus, property taxes on a factory building would fall under the category of direct tax. Option A is the only choice that refers to a direct tax. Option B refers to a subsidy, which is a form of financial assistance given by the government to businesses, while option C refers to an indirect tax, which is a tax imposed on goods or services, and option D refers to a license fee, which is a charge levied by the government for receiving permission to operate a business or perform a particular activity.

The Property Taxes on a Factory Building Would Be an Example