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fenix001 [56]
3 years ago
13

Allowing a tax credit for certain solar energy property can be justified: a.Based on the wherewithal to pay concept. b.As helpin

g small businesses. c.As promoting administrative feasibility. d.As promoting a government policy to use alternative energy sources. e.None of these choices are correct.
Business
1 answer:
amid [387]3 years ago
6 0

Answer: As promoting a government policy to use alternative energy sources.

Explanation:

A tax credit is a form of tax incentive which can help in the reduction of the amount of money that a taxpayer is owing the government. Here, the taxpayer can just deduct the tax credit from the total amount of taxes that the individual owe thereby leading to him paying a lower amount as tax.

In this case, allowing tax credit for certain solar energy property may be a way the government wants to make people start using other forms of energy. Giving tax credit will lead to a cheaper price for the solar energy products.

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:How is a ‘provision for reserve’ in a balance sheet, a liability or an asset. Explain.
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2 years ago
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Arturiano [62]

Answer:

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