1. All payments individuals or businesses make to a government or any government body are taxes.

1. True
2. False

2. Which of the following taxes was introduced in UAE in 2018?

1. Income tax
2. Wealth tax
3. Value added tax
4. Capital gains tax

3. Why do governments collect taxes from individuals and businesses?

1. To make governments richer than any other individual, association or business entity
2. To discourage people from accumulating wealth
3. To finance expenditure governments make in performance of their duties towards state and people such as education, policing and building infrastructure
4. To allow governments have enough money for spending on government officers and ministers

4. If a government will impose tax on hotel stays, occupancy rate in hotels will____

1. likely to increase
2. likely to decrease

5. It is fair to have a system where all individuals living in a country pay the same amount of tax to governments.

1. True
2. False