Taxes on personal property are more difficult to administer and enforce than taxes on real property.

Name: Taxes on personal property are more difficult to administer and enforce than taxes on real property.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Personal property is movable and can be difficult to track and value accurately, making it more challenging to administer and enforce taxes on. Real property, on the other hand, is immovable and typically has a set value based on its location and characteristics, making it easier to tax.

Taxes on Personal Property Are More Difficult to Administer and Enforce