What is the difference between direct and indirect taxes?
| February 23, 2021 | education
Direct taxes, as opposed to indirect ones, directly affect the taxpayer (represented by both an individual and a legal entity) and his activities. So, a direct tax is levied on a person’s property, his income component. Indirect taxes are imposed on goods and services (these can be excise taxes, duties, VAT).
One of the components of a person's success in our time is receiving modern high-quality education, mastering the knowledge, skills and abilities necessary for life in society. A person today needs to study almost all his life, mastering everything new and new, acquiring the necessary professional qualities.
