Ask Question
8 November, 10:44

How is a property tax similar to and different from an income tax?

+2
Answers (1)
  1. 8 November, 13:24
    0
    Sales tax is the tax on the sale or lease of goods, and is what is known as a "pass-through tax." Unlike income tax, sales taxes is decided and administered by state governments only. Merchants are required to collect sales tax from their customers and remit it back to the state, essentially acting as tax collectors.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How is a property tax similar to and different from an income tax? ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers