Value-added tax is – McqOptions

MCQOPTIONS

1.	Value-added tax is
A.	tax on final consumption collected at the consumption stage
B.	an ad-valorem tax on final consumption collected at the manufacturing level
C.	a special tax levied by states on products from other states
D.	an ad-valorem tax on domestic final consumption collected at all stages between production and the point of final sale
Answer» E.

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