Which of the following is not a social objective of the tax law?
A) prohibition of a deduction for illegal bribes,fines and penalties
B) a deduction for charitable contributions
C) an exclusion for interest earned by large businesses
D) creation of tax-favored pension plans
Correct Answer:
Verified
Q49: Jose dies in the current year and
Q50: Organizing a corporation as an S Corporation
Q51: Vertical equity means that
A)taxpayers with the same
Q52: Which of the following is not an
Q53: Individuals are the principal taxpaying entities in
Q55: Which of the following is not one
Q56: Dividends paid from most U.S.corporations are taxed
Q57: Flow-through entities do not have to file
Q58: Kole earns $140,000 in 2019 in his
Q59: Which of the following statements is incorrect?
A)Property
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