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US Tax Law Is Designed to Raise Revenues for the Operations

Question 3

Multiple Choice
U.S. tax law is designed to raise revenues for the operations of the federal government and to promote certain socially desirable real estate-related activities. Tax legislation is combined into a single section of the federal statutory law commonly referred to as:

U.S. tax law is designed to raise revenues for the operations of the federal government and to promote certain socially desirable real estate-related activities. Tax legislation is combined into a single section of the federal statutory law commonly referred to as:


A) Section 1231
B) Section 1031
C) the Internal Revenue Code
D) Tax Reform Act

Correct Answer:

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