WGU C237 Taxation I Pre-assessment | 80 Questions with 100% Correct Answers | Verified | Latest Update | 38 Pages

After reinstatement of the individual federal income tax in 1894, why was the tax challenged in the courts? A. Revenue from taxes was no longer necessary because the Civil War was over. B. Administration would be difficult since the tax was apportioned in proportion to state populations. C. The preferred method of taxation was on business transactions as opposed to individual income tax. D. The U.S. Constitution failed to define the meaning of income which would arguably prevent consistent application of the law. - B. Administration would be difficult since the tax was apportioned in proportion to state populations. What is the highest level of legislative authority of tax law in the United States? A. American Institute of Certified Public Accountants B. Journal of Taxation C. Revenue procedures D. Internal Revenue Code - D. Internal Revenue Code What are two primary sources of tax law in the United States? Choose 2 answers