Knowee
Questions
Features
Study Tools

Which stakeholders' concern is that the business pays them direct and indirect tax?YOUR ANSWERYour AnswerCentral governmentLocal governmentA lawyerThe landlord

Question

Which stakeholders' concern is that the business pays them direct and indirect tax?

  • Your ANSWER
  • Your Answer
  • Central government
  • Local government
  • A lawyer
  • The landlord
🧐 Not the exact question you are looking for?Go ask a question

Solution

The stakeholders concerned about a business paying direct and indirect taxes primarily include:

  1. Central Government: They impose and collect income tax, corporation tax, and VAT, and are concerned with ensuring businesses comply with tax laws for national revenue.

  2. Local Government: They depend on local taxes, like property tax and other business levies, and are concerned with the economic health of businesses within their jurisdiction.

  3. A Lawyer: While not primarily concerned with tax payments, a lawyer may be involved in tax compliance matters for businesses and could be concerned if a business is not fulfilling its tax obligations.

  4. The Landlord: Typically concerned with rental income, a landlord may have indirect concerns regarding a tenant's ability to pay rent if they face tax burdens that affect their financial situation.

Overall, the primary stakeholders are the Central Government and Local Government, as they directly rely on tax payments for funding public services.

This problem has been solved

Similar Questions

Which stakeholders' main concern is that the business earns a profit?YOUR ANSWERYour AnswerLendersEmployeesA partnerBank

Which of the following are not considered as External stakeholder?a.Tax officialb.Social activistc.Supplierd.Journalist

When the government imposes a tax on a firm that generates external costs, the tax is

Which type of business organization is subject to double taxation?A.Sole proprietorshipB.CorporationsC.PartnershipsD.Government corporationsE.Non-profits

. Imposition of taxes is an attribute that  directs to  which of the 5 industry drivers?Group of answer choicescompetitiontechnologygovernment policycostmarket

1/2

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.