Regulatory Tax
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Questions and Answers

Regulatory tax is a type of tax that is intended to achieve some social and economic end.

True (A)

Regulatory tax is only focused on achieving social goals and has no impact on the economy.

False (B)

Regulatory tax is not a type of tax and does not serve any social or economic purpose.

False (B)

True or false: Special assessment is levied only on land?

<p>True (A)</p> Signup and view all the answers

True or false: Special assessment is a personal liability of the person assessed?

<p>True (A)</p> Signup and view all the answers

True or false: Special assessment is levied on both land and buildings?

<p>False (B)</p> Signup and view all the answers

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