Definition of direct taxation?
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innis Apprentice
Joined: 21 Sep 2004 Posts: 6
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Posted: 09/23/08 - 04:37 Post subject: |
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| Apparently there are different kinds of tax. Direct taxation and indirect taxation are different things. But in what way they are different and what is indirect and direct about, I am just not too sure about that. Can you give me a definition of what direct taxation means? Thanks for your help. |
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hasheem Apprentice
Joined: 23 Feb 2005 Posts: 2
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Posted: 10/23/08 - 02:59 Post subject: |
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| Hello. The term direct tax confusingly has different meanings in different countries. In the United Kingdom, it means simply taxes that are levied directly - be it from an individual or a company - and income tax is the best and most known example of this. In he US, the term has several meanings... |
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