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3 years ago

Identify and explain the four primary types of taxes that businesses pay

Business

1 answer:

DENIUS [597]3 years ago

3 0

Answer

Hi,

They are; income tax, self-employment tax, employment tax and Excise tax

Explanation

All businesses are expected to file income tax return on yearly basis. Some pay taxes as they earn the income. The self-employment tax is imposed to contribute to social security and health care cover for a person who works for him or herself. Employment taxes are a mandatory to employers who are required to pay it to cover social security and healthcare taxes and federal unemployment tax for the workers. Some businesses are levied excise tax depending on the goods sold or manufactured, the type of business operation and the type of equipment and products used.

Best wishes!

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Which of the following functions of money would owning a house in a stable market be classified under?

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3 years ago

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Answer:

It will be between $1.00 and $ 1,20

Explanation:

Solution

Given:

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3 years ago

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Schach [20]

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3 years ago

Read 2 more answers

Unemployment is often called a lagging or trailing indicator because unemployment tends to rise some time after the economy begi

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Answer:

B) firms reduce hours before laying off when the economy is in recession, and increase hours before hiring when the economy expands.

Explanation:

In the case when the output falls so the workers would not be laid off in a direct manner. In the first time the labor would be decreased so that the demand could be analyzed. The same would be happen in that case also where the growth picked up

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2 years ago

If bonds are issued at a premium, the stated interest rate is a.higher than the market rate of interest b.too low to attract inv

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Answer:

a.higher than the market rate of interest

Explanation:

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- This happens because the demand for the bind is high in the market.

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- If the bonds are issued at a discount, then the stated interest rate is lower than the market interest rate.

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3 years ago