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-BARSIC- [3]
3 years ago
7

3. From the following, select the tax that is

Business
1 answer:
Natalka [10]3 years ago
5 0

Answer:

A.) Payroll tax: money deducted from a person's salary that is sent to the government by the employer.

Explanation:

Payroll tax refers to the mandatory tax deductions imposed by the government on employees. The employer acts as the tax agent and withholds the taxes on every paycheck. The taxes are remitted to the government after collection.

The term payroll tax is used because the tax is based on the amount earned by employees. Sales tax is the tax imposed on the sale of goods and services. Income tax is imposed on income earned.

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A 65-year old widow that is in a low tax bracket and that has a low risk tolerance wishes to make an investment that will provid
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Bank Certificate of Deposit (CD)

Explanation:

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<em>I hope this information can help you.</em>

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4 years ago
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