19Taxation Public ExpenditureMedium1 mark
The following are a government’s receipts from taxation.
| $million | |
|---|---|
| tax on company profits | 90 |
| income tax | 500 |
| import duties | 25 |
| sales tax (VAT) | 200 |
What is the total amount of revenue raised by direct taxes?
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| $million | |
|---|---|
| tax on company profits | 90 |
| income tax | 500 |
| import duties | 25 |
| sales tax (VAT) | 200 |