Search SchoolNGR

Sunday, 03 May 2026
Register . Login

Direct taxes include?

Direct taxes include?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Excise duty
  • B Ad valorem tax
  • C Specific tax
  • D Capital gain tax
Correct Answer: Option D
Explanation:
A direct tax is a tax, such as income tax, which is levied on the income or profits of the person who pays it, rather than on goods or services. Some of the different direct taxes are income tax, corporate tax, wealth tax, and capital gains tax.

Share question on: