Post Utme Veritas University 2019 Commerce Question 35

Practice objective / multiple choice question 35 from the 2019 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2019 Commerce Objective / Multiple Choice
Question 35 POST_UTME_VERITAS_UNIVERSITY • 2019 • COMMERCE • objective

A sole trader's business may be subject to certain taxes and levies. Which of the following is a type of tax that a sole trader's business may be subject to?

Answer Options

A. Value-added tax (VAT)
B. Pay-as-you-earn (PAYE)
C. Capital gains tax
Correct Answer D. Income tax
Correct Answer
D
Correct Option:
Income tax

About This Question

This is Post Utme Veritas University 2019 Commerce Question 35. It is one of the objective questions from the 2019 Post Utme Veritas University Commerce examination.

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