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