Tax systems that impose recordkeeping requirements on taxpayers are said to have
A) an auditing burden.
B) a lower incidence of compliance.
C) an administrative burden.
D) a certification requirement.

Question

Quizplus · Accepted Answer

When tax systems require taxpayers to maintain records, they create an administrative burden for taxpayers as they have to keep track of their transactions and maintain proper documentation to comply with the tax laws. This can be time-consuming and costly, and may result in non-compliance if taxpayers do not keep accurate records.

Tax Systems That Impose Recordkeeping Requirements on Taxpayers Are Said