Answered

Join IDNLearn.com and start getting the answers you've been searching for. Get accurate and detailed answers to your questions from our knowledgeable and dedicated community members.

Select the correct answer.

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

Sagot :

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


Thank you for being part of this discussion. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. For dependable and accurate answers, visit IDNLearn.com. Thanks for visiting, and see you next time for more helpful information.