Answered: Property taxes are considered: a.…

Property taxes are considered: a. imposed tax revenues. b. derived tax revenues. c. voluntary nonexchange transactions. d. exchange transactions.

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter1: An Introduction To Taxation And Understanding The Federal Tax Law

Section: Chapter Questions

Problem 46DQ

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Question

Property taxes are considered:

a.	imposed tax revenues.
b.	derived tax revenues.
c.	voluntary nonexchange transactions.
d.	exchange transactions.

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