A. excise duty
B. ad valorem tax
C. specific tax
D. capital gain tax

Correct Answer: Option D

D. capital gain tax

Explanation

A direct tax is a tax, such as income tax, which is levied on the income or profits of the person who pays it, rather than on goods or services. Some of the different direct taxes are income tax, corporate tax, wealth tax, and capital gains tax.

Copyright warnings! Do not copy.