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Study the given picture carefully:
Sources of State and Local government tax revenues for a financial year
Answer the following questions based on common knowledge and picture:
Sources of State and Local government tax revenues for a financial year
Answer the following questions based on common knowledge and picture:
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Question : 25
Total: 49
Categorise the given items in the picture into tax/non-tax receipts.
Solution:
| Tax Receipts | Non-tax Receipts |
|---|---|
| Income Tax Property Tax Sales and Gross Receipts Tax Corporate Income Tax Motor Vehicle Licence Fee. | |
| Fines | |
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