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Which situation is an example of direct taxation?
O A. A government charges a bank a fee on its deposits, so banks raise
rates for customers.
B. The government charges a tax on imports, which companies pass
on in the prices they charge buyers,
C. Businesses must send a portion of their income each year to the
government
D. Stores charge sales tax on each purchase and send that money to
the government

Respuesta :

Answer: C. Businesses must send a portion of their income each year to the

government

Explanation: A PEX

When Businesses pay a portion of their income to the government in the form of taxes, such a situation is an example of direct taxes. Therefore, (C) is the correct option.

What is Direct Taxes?

Direct taxes are paid by the citizens directly to the government without any other stakeholder in between. there are majorly two types of direct taxes, corporate Tax, and Income tax.

Businesses pay corporate tax on their income, which is a form of direct tax.

Therefore, (C) is the correct option.

To know more about Direct taxes, visit the link below:

https://brainly.com/question/27407424

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