Answer:
If at the time of withdrawal the interest paid was $11,000, the beneficiary would be required to pay income tax on the same amount of $11,000.
Explanation:
The Interest Settlement Option is usually for people who don't need much money or the remedies which the Insurance Cover provides.
Sometimes they defer payment of the proceeds and collect interest on the same whilst they decide on what do do with the money.
When a beneficiary collects this sort of interest it is usually taxable.
Cheers!
<span>Iran is the Middle Eastern country that one would expect to have an economy that is command-based rather than market based. When a country has a command-based economy, it means that the production of goods, the prices, the income and the investments of the country are all determined by the government. Saudi Arabia, Turkey, and Nigeria have economies that are market-based.</span>
A Bodhisattva is the term used to define a person who is in the path of Buddha-hood.A person who has taken a resolution to become a Buddha (Bodhisattva)need to seek permission from a living Buddha to do so
Explanation:
- As per the Buddhist school of thought in order to become a Buddha the person need to receive permission and confirmation from a living Buddha.
- Siddhartha Gautama Also known as Gautama Buddha was a Buddhist teacher who attained enlightenment and shared his insights with his students to help them to end the cycle of rebirth and suffering
The answer to the above question is (C) He gained enlightenment and tried to help others out of compassion.
I would say the Louisiana purchase because it doubled the size of the U.S.
That came from an elite, privileged background.