Examlex
Which of the following is a typical example of an instalment loan?
Payroll Tax
Taxes imposed on employers or employees, usually calculated as a percentage of the salaries that employers pay their staff.
Personal Income Tax
A levy imposed by governments on the income of individuals, where the tax rates typically vary based on income levels.
Medicare Tax
A tax that funds Medicare, a U.S. government health insurance program for individuals aged 65 and over or with certain disabilities.
Direct Tax
is a type of tax directly imposed on individuals or entities, such as income tax and property tax, which cannot be passed onto others.
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