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lara [203]
3 years ago
13

Government payments to suppliers are called excise taxes. True or False

Business
2 answers:
Anna71 [15]3 years ago
3 0
The answer to your question is TRUE
Sunny_sXe [5.5K]3 years ago
3 0

Answer: True

Government payments to suppliers are called excise taxes.

Explanation:

Excise taxes are indirect taxes that apply to certain goods (products), services, and activities.  They are referred to as indirect taxes because the manufacturer of the products or services charge the purchaser tax for the product or service and later pass the payment on to the government. The revenue generated from excise taxes is used for specific needs in the society.

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