Types of Taxes
The taxes of the government may be classified into three (3) categories;
- Taxes on Income and Expenditure
- Taxes on Properties and Capital
- Taxes on Commodities
The first two types of taxes are direct taxes while the third type of tax is an indirect tax.
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Somtochukwu
Visionary Leader and Development Economist in Nigeria. CEO at Bufiredd Economic Consults Ltd
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