Corporation tax is imposed by Options: A . &nbspState Government B . &nbspLocal Government C . &nbspCentral Government D . &nbspState as well as Central Government

Corporation tax is imposed by

Question

Corporation tax is imposed by

Options:

A . State Government

B . Local Government

C . Central Government

D . State as well as Central Government

Answer: Option D
Answer: (d)
Corporation Tax is imposed by State as well as Central Government. Corporation tax is imposed on the income or capital of some types of legal entities.
The taxes may also be referred to as income tax.

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