2 years ago

Main purpose or taxes is to

1 answer:

4 0

The primary purpose of taxation is to raise revenue to meet huge public expenditure. Most governmental activities must be financed by taxation. But it is not the only goal. In other words, taxation policy has some non-revenue objectives. so the answer is A.

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A. $75,000 dividend

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The shares which N and M provide in favor to Ben are an stock dividend thus, the tax treatment should be of dividends as well.

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