Question

Which if any, of the following provisions camot be justufieod as mitigating the effect of the annual accounting period concept of gain allowed for involuntary conversions O a Nonrecogmition O b. Net operating loss carryover provisions O c Carry over of excess charitable contributions O d Use of the installment method to recognize gain O e Carry over of excess capital losses QUESTION 8 Taxes levied by all states include: O a. Tobacco excise tax. O b Individual income tax O c Inheritance tax O d General sales tax. o e None of these. QUESTION 9 Which, if any, of the following is a typical characteristic of an ad valorem tax on personalty? O b The tax on automobiles sometimes considers the age of the vehicle O c Most states impose a tax on intangibles O d. The tax on intangibles generates considerable revenue since it is difficult for taxpayers to avoid o e None of these. Click Save and Submit to save and submit. Click Save All Ansucers to save all answers Save All 40 144 3 4 6 8 0

Answer 1

7)Nonrecognition of gain allowed for involuntary conversions.

8)Tobacco Excise Tax.

9)The tax on automobiles sometimes considers the age of the vehicle