CIMAPRA19-F01-1 practice question 4 of 25

AA manufactures computers. These are sold to BB at $100 a computer plus a 5% sales tax. BB subsequently sells the computers to CC for $200 a computer…

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AA manufactures computers. These are sold to BB at $100 a computer plus a 5% sales tax. BB subsequently sells the computers to CC for $200 a computer plus a 5% sales tax. C sells the computers to customers at $300 a computer plus a 5% sales tax. The total tax received by the tax authority is $30. Which type of tax is described above?
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Question 4 of 25

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