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Anettt [7]
3 years ago
13

Tim gave his house in another city to his sister. He had to pay taxes to the government on this transfer. What type of tax did t

he government levy?
A. estate tax
B. excise tax
C. gift tax
D. property tax
E. sales tax
Business
2 answers:
Scilla [17]3 years ago
7 0

The answer is<u> "C. gift tax".</u>


A gift tax is a government imposed tax to an individual giving anything of significant worth to someone else. For something to be viewed as a gift, the getting party can't pay the supplier full an incentive for the gift, however may pay a sum not as much as its full esteem. It is the provider of the blessing who is required to settle the blessing government expense. The collector of the gift may pay tax on the gift regulatory expense, or a level of it, on the supplier's benefit, if the provider has surpassed his/her yearly personal gift tax deduction limit.


MrRa [10]3 years ago
6 0

Answer:

Gift tax

Explanation:

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Sarah has been working at a designer clothing company for five years. She has developed an equitable partnership with her collea
igomit [66]

Answer:

Effective follower

Explanation:

An Effective follower is employee in a business who often go to leadership positions, who are always motivated and keen to take responsibility and who exceeds expectations and achieves business goals just like Sarah

4 0
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Canadian logging companies sell timber in the United States. To the U.S., the timber is a(n)_____, and for Canadians, the timber
klemol [59]

Answer: import; export

Explanation:

Canadian logging companies sell timber in the United States. To the U.S., the timber is an import, and for Canadians, the timber is an export.

An import is a good that is brought into a country and sold from another country while an export is a good that a country sells to other country. Timber is a export to the United States since it's brought from Canada.

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3 years ago
For more advanced language learners, these can provide both news and drama from which teachers can create motivational practice
Georgia [21]
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8 0
3 years ago
phân tích các yếu tố cấu tạo nên người cung cấp dịch vụ khách hàng công thứ A B C. trong các yếu tố đó yếu tố nào quan trọng nhấ
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3 0
3 years ago
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua
Alecsey [184]

Answer:

€928.46

Explanation:

Since it was hinted that bonds issued outside of  the United States pay coupons annually, it is expected that the bonds issued in Germany pay annual coupons, and its price is computed below using the bond price formula, excel PV function, and financial calculator:

Bond price=face value/(1+r)^n+annual coupon*(1-(1+r)^-n/r

face value=€1,000

r=yield to maturity=8.7%

n=number of annual coupons in 10 years=10

annual coupon=face value*coupon rate=€1,000*7.6%=€76

bond price=1000/(1+8.7%)^10+76*(1-(1+8.7%)^-10/8.7%

bond price=1000/(1.087)^10+76*(1-(1.087)^-10/0.087

bond price=1000/2.30300797+76*(1-0.43421474)/0.087

bond price=1000/2.30300797+76*0.56578526/0.087

bond price= 434.21+494.25= €928.46

Excel PV function:

=-pv(rate,nper,pmt,fv)

=-pv(8.7%,10,76,1000)

pv=€928.46

Financial calculator:

N=10

PMT=76

I/Y=8.7

FV=1000

CPT PV=€928.46

4 0
3 years ago
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