The tax people pay on their wages and salaries is called, capital transfer tax, income tax, wealth tax, The tax levied at a higher rate on higher incomes is called a, flat tax, regressive tax, progressive tax, A tax on wages and salaries or on company profits is a, direct tax, indirect tax, value added tax, A tax paid on property, sales transactions, imports etc. is a/an, direct tax, indirect tax, value added tax, A tax collected at each stage of production, excluding the already taxed costs from previous stages, is called a/an, added-value tax, value-added tax, sales tax, Profits made by selling assets are generally liable to a, capital gians tax, capital transfer tax, wealth tax, Gifts to family members over a certain value are often liable to a/an, capital gains tax, inheritance tax, value added tax, The annual tax imposed on people's fortunes (in some countires) is a, added-value tax, capital gains tax, wealth tax, Making false declarations to the tax authorities is called, tax optimisation, tax avoidance, tax evasion, Reducing the amount of tax you pay to a legal minimum is called, creative accounting, tax avoidance, tax evasion, Countries where taxes are low, where multinational companies often set up their head offices, are known as, tax heavens, tax havens, tax paradises, A small mistake or exception in a tax law, which allows you to avoid paying something is called, an escape, an excuse, a loophole, A tax made by a government on some types of goods produced and used within their own country, e.g. cigarettes or alcohol is called., an acise, an excise, an axis, A form that some people must fill in to give information about how much they have earned in a year is called, a tax return, a tax rebate, a tax refund, A tax rate that is the same for everyone, whether the person’s income is high or low is know as, a universal tax, a flat tax, a linear tax

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