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Taxes and Duties

  •  English    10     Public
    True or False about Taxes and Duties
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  • Duties and taxes are most typically not included in the price of the goods you purchase online. True or False?
    True!
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  • Americans must work 4 days into the year to afford their tax bills
    False! 114 days!
  •  15
  • Sweden has the highest income tax rate in the world.
    True!
  •  15
  • When purchasing goods online, some or all of these goods may not originate in the country you reside in, therefore are not subject to a customs duty.
    False!
  •  15
  • The highest corporate tax rate in the world belongs to the United Arab Emirates.
    True!
  •  15
  • A person who is convicted for tax evasion in the USA is subject to a fine, but not to a prison sentence.
    False! They are subject to both!
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  • There are 40 different types of taxes in Brazil
    Fase! There are 94.
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  • The first known taxes were in Mesopotamia almost 5,000 years ago.
    True!
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  • In an effort to keep citizens healthy, France imposed a “soda tax” on all carbonated soft drinks in 2012.
    True!
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  • There are several types of taxes, including income, Social Security, sales, property, and excise taxes.
    True!
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