alleryStart learning →Which of these is generally treated as a corporate tax?
AValue added tax on sales
BCustoms duty on imported goods
CPayroll tax on salaries paid
DIncome tax on a company's net profit
Answer & Solution
Correct answer: D. Income tax on a company's net profit
Corporate tax means the income tax on entity profit; customs duty, payroll tax and VAT are common taxes not called corporate tax.
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