1. A use tax is a levy imposed on certain goods and services that are purchased...

Question

Question

1. A use tax is a levy imposed on certain goods and services that are purchased...

1. A use tax is a levy imposed on certain goods and services that are purchased outside a state and brought into the state.

True

False

2. The assessed value of property is equal to its fair market value.

True

False

3. A taxes specifically on the sale of sporting goods products is an example of an excise taxes.

True

False

business economics

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Answer 1

Answer #1

1. True

Explanation: This tax is imposed on certain goods purchased outside a state.

2. False

Explanation: Both are different values for the property.

3. True

Explanation: Excise tax is a tax imposed on the consumption of a specific good

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Answer 2

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1. A use tax is a levy imposed on certain goods and services that are purchased...

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