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

6953 Views

See similar Economics IB tutors

Related Economics IB answers

All answers ▸

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


I do not understand how demand and supply work, can you please explain it to me?


What is the demand and the supply in a market ? How can you draw them how do you derive the optimal price and quantity *?


Explain why scarcity results in economic decisions being made.


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:

© 2026 by IXL Learning