Which,if any,of the following is a typical characteristic of an ad valorem tax on personality?
A) Taxpayer compliance is greater for personal use property than for business use property.
B) The tax on automobiles sometimes considers the age of the vehicle.
C) Most states impose a tax on intangibles.
D) The tax on intangibles generates considerable revenue since it is difficult for taxpayers to avoid.
E) None of the above.
Correct Answer:
Verified
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