Distinguish between direct and indirect tax.

Direct taxes are taxes imposed on people's income or wealth, and on firms' profits.

Indirect taxes are also known as expenditure taxes, and are taxes consumers pay to a seller by buying the good and the seller then pays the tax to the government.

AS
Answered by Alexandra S. Economics tutor

6707 Views

See similar Economics IB tutors

Related Economics IB answers

All answers ▸

Explain what is meant by PED (Price elasticity of demand)


Evaluate the effectiveness of Fiscal Policy in promoting economic activity during a recession.


What are positive externalities of consumption? Explain with a diagram and give an example.


Can you explain the concept of the Price Elasticity of Demand?


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2025 by IXL Learning