Which of the following is the least likely reason why the 6% capital gains tax is a final tax?
Which of the following is the least likely reason why the 6% capital gains tax is a final tax?
Chapter12: Tax Administration And Tax Planning
Section: Chapter Questions
Problem 12P
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Which of the following is the least likely reason why the 6%
A. To mitigate the susceptibility of possible deferral of the actual payment of the tax if the voluntary compliance method is used
B. To ensure payment of the applicable tax before property titles are transferred to the buyer
C. To mitigate the susceptibility of non-reporting of the sale, leading to tax evasion
D. All of the other choices are equally likely to be the reason why
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT