SOUTH-WESTERN FEDERAL TAXATION
2024 CORPORATIONS PARTNERSHIPS
ESTATES AND TRUSTS 47TH EDITION
RAABE NELLEN YOUNG CRIPE LASSAR
PERSELLIN CUCCIA TEST BANK FINAL
STUDY GUIDE 2026 SOLVED QUESTIONS
FULLY CORRECT
⫸ First Adaptation Answer: Federal government adopted income tax in
1861
⫸ First income tax individuals Answer: federal income tax on
individuals was enacted in 1894
⫸ U,S, Constitution tax Answer: "No Capitation, or other direct, Tax
shall be laid, unless in Proportion to the Census or Enumeration herein
before directed to be taken."
⫸ Pollock v. Farmers' Loan and Trust Co. Answer: U.S. Supreme Court
found that taxes on the income of real and personal propety were the
legal equivalent of a tax on the property involved and, therefore,
required apportionment.
2024 CORPORATIONS PARTNERSHIPS
ESTATES AND TRUSTS 47TH EDITION
RAABE NELLEN YOUNG CRIPE LASSAR
PERSELLIN CUCCIA TEST BANK FINAL
STUDY GUIDE 2026 SOLVED QUESTIONS
FULLY CORRECT
⫸ First Adaptation Answer: Federal government adopted income tax in
1861
⫸ First income tax individuals Answer: federal income tax on
individuals was enacted in 1894
⫸ U,S, Constitution tax Answer: "No Capitation, or other direct, Tax
shall be laid, unless in Proportion to the Census or Enumeration herein
before directed to be taken."
⫸ Pollock v. Farmers' Loan and Trust Co. Answer: U.S. Supreme Court
found that taxes on the income of real and personal propety were the
legal equivalent of a tax on the property involved and, therefore,
required apportionment.
