Income tax is:
A) A federal tax payable by an employer on the benefits it gives to employees.
B) A federal tax levied on the taxable income of a person or business in a given year.
C) A state tax levied on the income and capital gain of a person or a business in a given year.
D) A state tax levied on the income of a person or business in a given year.
Correct Answer:
Verified
Q21: Which of the following is not one
Q22: What is the 'PAYG withholding scheme'?
A)A scheme
Q23: Sale of which of the following products
Q25: Which of the following statements about stamp
Q25: Johnny is a sole trader.He will pay
Q28: Which of the following legal requirements is
Q29: Which of the following is a form
Q31: If an employee is allowed to use
Q34: What is 'land tax'?
A)A state tax payable
Q35: Which of the following business expenses is
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