Which of the Following Is a Form of Tax Payable

question 19

Multiple Choice

Which of the following is a form of tax payable to local authorities?

• A)Stamp duty
• B)Pay-roll tax
• C)Land tax
• D)Rates

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Definitions:

Defense Budget

The defense budget is the portion of a national budget that is allocated to military spendings, including salaries, training, operations, and equipment.

Oil Crisis

A period marked by major interruptions in oil supply and subsequent increases in oil prices, often due to geopolitical tensions or conflicts.

Military Coalition

An alliance formed between multiple countries or groups to achieve a common military goal, often seen in contexts of war or peacekeeping missions.

Saudi Arabia

A country in the Middle East known for its vast oil reserves, playing a significant role in global energy markets and geopolitics.