Use the information to answer the following question
what is the total revenue from indirect tax
A. $686.0 m B. $400.20 m C. $135.80 m D. $100.00 m
Correct Answer: B
Explanation
Inditect tax is a tax levied on goods and services rather than on income or profits. Thus we have; Indirect tax = customs and excise duties + value added tax 300.20 + 100.00 = 400.20