The objective of taxation by the Government are -
A) raising revenue for the state
B) to maintain economic stability
C) to remove disparities in the distribution of income
D) all of the above
Correct Answer:
Verified
Q1: If interest payments are subtracted from gross
Q2: Interest payment is an item of
A)revenue expenditure
B)capital
Q3: The basis of corporate tax is
A)total turnover
Q4: Federalism refers to a
A)relationship between the national
Q6: Which of the following is not a
Q7: Transfer Payments include
A)old age pension
B)subsidies
C)wealth tax
D)corporate income
Q8: The following is not a characteristic of
Q9: The following is a characteristic of indirect
Q10: Special assessment is also known as
A)tax revenue
B)battement
Q11: Impact of a tax refers to
A)final money
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