Topic

Taxation

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Quizzes in Taxation for Grade 8

What is true about Delaware’s lack of a conventional sales tax?

  • Delaware’s lack of a conventional sales tax means only federal taxes can exist in Delaware
  • Delaware’s lack of a conventional sales tax does not mean the state has no taxes
  • Delaware’s lack of a conventional sales tax means businesses never pay state fees
  • Delaware’s lack of a conventional sales tax means the state collects no taxes of any kind
Correct answer(s):
  • Delaware's lack of a conventional sales tax does not mean the state has no taxes

Which description of Delaware’s gross receipts tax is accurate?

  • Delaware imposes a gross receipts tax on many businesses
  • Delaware imposes a federal import tariff on all local sales
  • Delaware imposes a no business taxes or fees of any kind
  • Delaware imposes a 10 percent consumer sales tax on every purchase
Correct answer(s):
  • Delaware imposes a gross receipts tax on many businesses