SWFT Comprehensive Vol 2020
43rd Edition
ISBN: 9780357391723
Author: Maloney
Publisher: Cengage
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Vat tax - the popularity of this type of tax, the nature of this type of tax and the effect on government spending?
If a government wants to obtain the maximum tax revenue it should
A.
use static tax analysis.
B.
not assess the highest possible tax rate.
C.
assess the highest possible tax rate.
D.
use an ad valorem system for collecting taxes.
How to calculate Value-added tax?
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