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Which best defines excise tax?
a tax on a vendor's sale by an authorized level of government
What happened to deffered tax on winding up of a company. has this amount is paybale to government?
Deferred tax, which is a GAAP accounting concept, and may be either an asset or a liability, would all be settled, either paid with or reduce tax, on the final return.
An individual may receive a tax refund from the government after filing their federal income tax return?
YesFiscal Policy
An individual may receive a tax rebate from the government after filing their federal income tax return?
Fiscal Policy
Under what circumstances is a bond exempt from all taxes?
If the municipal bond is issued by the jurisdiction in which the bondholder resides, the interest is tax-exempt from both the federal government and the state government. If there is a local income tax, the interest is tax-exempt at this level, too.
Which level of government may tax a company?
Local,State,and National government
A US company produces products that it sells both in the US and overseas Which level of government may tax the company?
Local, state, and national government may tax the company.
A US company produces products that it sells both in the US and overseas. Which level of government may tax the company?
Local, state, and national government may tax the company.
What levels of government may tax the company?
local, state, and national governments
A US company produces products that it sells both in the US and overseas Which levels of government may tax the company?
local, state, and national governments
Why couldn't the government have the power to tax?
they didnt have money to run the government
At which level of government is property tax assessed?
Local A+
Which best defines excise tax?
a tax on a vendor's sale by an authorized level of government
Which level of government is sales tax imposed?
Sales Tax is imposed by State and Local government. Sales tax provides around 11 percent of state tax revenue (on average).
Which level of government is income tax imposed?
Federal and State
Tax collection is the responsibility of which level of government?
national and state
What level of government is sales tax assessed?
State and local a+
