Tax Management Test

Gasoline Taxes

Property Taxes

Cigarette Taxes

Alcohol Taxes

Correct! Wrong!

5 years after the assessment's publication

If there is no assessment, 10 years after it is discovered that a return was not filed, was false, or was fraudulent.

Both of the above

None of the above

Correct! Wrong!

Fiscal policy

Trade Policy

Economic Policy

Monetary policy

Correct! Wrong!

Box office revenue for movie theaters

Professionally played basketball

Gross revenue for the circus

Carnival's overall sales

Correct! Wrong!

Corporation tax

Inheritance tax

Value added tax

Income tax

Correct! Wrong!

Amounts received from individual savings accounts

Any form of reward that a company gives their staff

Earning potential for National Savings Certificates

Legal redundancy pay

Correct! Wrong!

Interest on a loan taken out to buy the taxpayer's primary home

Interest on a loan taken out to buy equipment that must be obtained for use in the taxpayer's business employment

Interest on a loan taken out to buy stock in an employee-owned business

Interest on a loan taken out to buy common shares in a small business

Correct! Wrong!