What are some of the examples of direct and indirect taxes?

Question

Question : What is the difference between a direct tax and an indirect tax?

Option 1: Direct taxes are paid directly to the government, while indirect taxes are paid to a third party
Option 2: Direct taxes are paid to a third party, while indirect taxes are paid directly to the government
Option 3: Direct taxes are paid by corporations, while indirect taxes are paid by individuals

Option 4: Direct taxes are paid by individuals, while indirect taxes are paid by corporations

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Answer 1

Direct tax includes income tax, corporate tax, wealth tax, and more, whereas indirect tax includes sales tax, service tax, value-added tax, and others.

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What are some of the examples of direct and indirect taxes?

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