A toy manufacturer purchased a $750\,000 consignment of raw plastic from a local supplier and turned it into toys. The toys generated total revenue of $1\,000\,000. The government required the company to pay tax on this transaction. Which tax is the company most likely to have to pay?
- Acapital gains tax
- Bgoods and services (value added) tax
- Cimport duty
- Dincome tax