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What are payroll taxes levied on?

A. a business's profits
B. an individual's dividend income
C. the wages or salaries of a company's employees
D. the goods and services purchased by people
E. a piece of land

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GinnyAnsweridn

Final answer:

Payroll taxes are levied on a company's employees' wages or salaries and are paid by both the employees and the employer.


Explanation:

Payroll taxes are taxes imposed on a company's employees' wages or salaries. These taxes fall into two categories: deductions from an employee's wages and taxes paid by the employer based on the employee's wages. Payroll taxes are distinct from taxes on profits, individual dividends, or goods and services.


Learn more about Payroll taxes here:

https://brainly.com/question/5564730


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