What business tax is due on Willie who is an operator of parking lots?Select one:a.Common carrier's taxb.Broker's taxc.Caterer's taxd.Value added tax

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What business tax is due on Willie who is an operator of parking lots?Select one:a.Common carrier's taxb.Broker's taxc.Caterer's taxd.Value added tax
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Solution 1

The correct answer is d. Value added tax. This is because Willie, as an operator of parking lots, is providing a service. In many jurisdictions, services are subject to a Value Added Tax (VAT). This tax is based on the increase in value of a product or service at each stage of production or distribu Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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