Pls help me answer these 2 multiple questions. Thank you! 1. The individual income tax is a manifestation of this system of taxation: a. Mixed b. Proportional c. Progressive d. Regressive 2. Which of the following is TRUE? a. When the tax law is vague or ambiguous, it is to be interpreted liberally in favor of the taxing authority b. When the tax law is vague or ambiguous, it is to be interpreted strictly against the taxpayer c. When the tax law is clear, it requires no interpretation d. As to exemption, the provision is to be interpreted liberally in favor of the taxpayer e. As to exemption, the provision is to be interpreted strictly against the favor of the taxing authority
Pls help me answer these 2 multiple questions. Thank you! 1. The individual income tax is a manifestation of this system of taxation: a. Mixed b. Proportional c. Progressive d. Regressive 2. Which of the following is TRUE? a. When the tax law is vague or ambiguous, it is to be interpreted liberally in favor of the taxing authority b. When the tax law is vague or ambiguous, it is to be interpreted strictly against the taxpayer c. When the tax law is clear, it requires no interpretation d. As to exemption, the provision is to be interpreted liberally in favor of the taxpayer e. As to exemption, the provision is to be interpreted strictly against the favor of the taxing authority
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter11: Fiscal Policy And The Federal Budget
Section: Chapter Questions
Problem 5WNG
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Pls help me answer these 2 multiple questions. Thank you!
1. The individual income tax is a manifestation of this system of taxation :
a. Mixed
b. Proportional
c. Progressive
d. Regressive
2. Which of the following is TRUE?
a. When the tax law is vague or ambiguous, it is to be interpreted liberally in favor of the taxing authority
b. When the tax law is vague or ambiguous, it is to be interpreted strictly against the
taxpayer
c. When the tax law is clear, it requires no interpretation
d. As to exemption, the provision is to be interpreted liberally in favor of the taxpayer
e. As to exemption, the provision is to be interpreted strictly against the favor of the taxing
authority
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