A rationale for the installment method tax rule is:
A) Ability to pay.
B) Equity and fairness.
C) Simplicity.
D) Revenue neutrality.

Name: A rationale for the installment method tax rule is: A) Ability to pay. B) Equity and fairness. C) Simplicity. D) Revenue neutrality.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

The installment method tax rule is based on the "ability to pay" principle, allowing taxpayers to pay taxes as they receive income over time, aligning tax payments with cash flow.

A Rationale for the Installment Method Tax Rule Is