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Exam (elaborations) TEST BANK STUDENT COPY TEST BANK INCOME TAXATION GRADE A+ QUESTION BANK 2021 Last document update:   ago

Exam (elaborations) TEST BANK STUDENT COPY TEST BANK INCOME TAXATION GRADE A+ QUESTION BANK 2021 TEST BANK-INCOME TAXATION CHAPTER 1-GENERAL PRINCIPLES AND CONCEPTS OF TAXATION A.MULTIPLE CHOICE: 1. THE PROCESS BY WHICH THE SOVEREIGN RAISES INCOME TO DEFRAY THE EXPENSES OF THE GOVERNMENT IS CALLED- (RPCPA) A. SUBSIDY B. TARIFF C. TAXATION D. TRIBUTE 2. ONE OF THE CHARACTERISTICS OF INTERNAL REVENUE TAX IS THAT THEY ARE-(RPCPA) A) CRIMINAL IN NATURE B) PENAL IN NATURE C) POLITICAL IN N...