Which of the Following Statements Holds True for Indirect Tax

Multiple Choice

Which of the following statements holds true for indirect tax?

A) It refers to the tax levied on the value of a property that the owner of the property is required to pay to the government of the country in which the property is located.
B) It refers to the tax that is shifted to another person or entity, like the value-added tax (VAT) , which is levied on the seller but is passed on and paid by buyer.
C) It refers to the tax that is levied on the HYPERLINK "http://en.wikipedia.org/wiki/Income" \o "Income" income of individuals or businesses (corporations or other legal entities) .
D) It refers to the tax that is levied on the passing of HYPERLINK "http://en.wikipedia.org/wiki/Title_%28property%29" \o "Title (property) " title to HYPERLINK "http://en.wikipedia.org/wiki/Property" \o "Property" property from one person (or entity) to another.
E) It refers to the HYPERLINK "http://en.wikipedia.org/wiki/Tax" \o "Tax" tax that is levied on and paid by the seller.