6. Which of the following is gerally serving the regulatory function of taxation? a. Real Estate Tax b. Income Tax c. Customs Duties d. Estate Tax

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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6. Which of the following is
g erally serving the regulatory
function of taxation?
a. Real Estate Tax b. Income Tax c.
Customs Duties d. Estate Tax
7. Which of the following could
not be considered as a purpose of
taxation?
a. To raise revenue to support the
government. b. To distribute the
wealth of the nation. c. To check
inflation. d. To impose monetary
burden to the people.
8. Which of the following
business taxes serve more the
regulatory functions of taxation?
a. Value Added Tax b. Percentage
Tax c. Excise Tax d. Documentary
Stamp Tax
Transcribed Image Text:6. Which of the following is g erally serving the regulatory function of taxation? a. Real Estate Tax b. Income Tax c. Customs Duties d. Estate Tax 7. Which of the following could not be considered as a purpose of taxation? a. To raise revenue to support the government. b. To distribute the wealth of the nation. c. To check inflation. d. To impose monetary burden to the people. 8. Which of the following business taxes serve more the regulatory functions of taxation? a. Value Added Tax b. Percentage Tax c. Excise Tax d. Documentary Stamp Tax
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