Which of the following is an example of tax expenditure?

Name: Which of the following is an example of tax expenditure?
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Question

Quizplus · Accepted Answer

All of the options listed are examples of tax expenditures, which are government policies that decrease the tax liability of certain individuals or groups. Accelerated depreciation, inventory valuation adjustment, capital gain exemptions, and business deductions all reduce the amount of taxable income and, therefore, result in a lower tax bill.

Which of the Following Is an Example of Tax Expenditure