Quick tax test: Business tax

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After you've finished all the topics, take the test on Business tax to see if you're a tax expert.

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  • Fact 5

    In 1917, during World War I, the price of admission into a place of entertainment was taxed. Auditors attended race meetings, theatre and picture shows to ensure the tax was being paid. This tax was also imposed from 1942 to 1953.

Progressive tax

A tax where the tax rate increases as the income increases. Income tax for individuals is a progressive tax.

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