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Will The Gst Impact Other Taxes Like Income Tax Or Corporate Tax? |
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Answer» Income tax and Corporation TAXES are direct taxes which means that they have to be paid by the person or entity on whom they are levied and cannot be PASSED on to someone ELSE. They will remain as they exist currently but the change will occur in all indirect taxes present in the country. Income tax and Corporation taxes are direct taxes which means that they have to be paid by the person or entity on whom they are levied and cannot be passed on to someone else. They will remain as they exist currently but the change will occur in all indirect taxes present in the country. |
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