Types of Taxes

Somtochukwu

The taxes of the government may be classified into three (3) categories;

  1. Taxes on Income and Expenditure
  2. Taxes on Properties and Capital
  3. 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. Consultant at Bufiredd Economic Consultancy.
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