Posted by: Pdfprep
Post Date: May 10, 2021
Country X levies a duty on alcoholic drinks. Where the alcohol content is above 40% by volume the duty levied is $5 per 1 litre bottle.
What type of tax is this duty?
A . Specific unit tax
B . Ad valorem tax
C . Direct tax
D . Single-stage sales tax
Answer: A
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