Which of the Following Forms of Tax Does Not Directly

question 21

Multiple Choice

Which of the following forms of tax does not directly affect cash flows but rather only affects them via its effect on demand (except for the banking and finance industry) ?

• A)Fringe Benefits Tax (FBT)
• B)Capital Gains Tax (CGT)
• C)Goods and Services Tax (GST)
• D)Corporate Income Tax

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Definitions:

Positive Emotion

The experience of feelings that are inherently pleasant, such as joy, gratitude, love, and happiness.

Positivity

The practice of maintaining a generally optimistic outlook and focusing on the positive aspects of any situation.

Extroverts

Individuals characterized by their outgoing, sociable, and energized by interactions with other people personality traits.

Virtue

A characteristic or attribute considered to possess moral goodness, and therefore, is appreciated as a cornerstone of a virtuous character.