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Tax Compliance Quiz

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What is the purpose of tax compliance?

To impose wealth taxes and inheritance taxes

To collect taxes from individuals only

To ensure taxpayers are paying the right amount of tax and securing the correct tax allowances and relief (correct)

To regulate and reduce negative externalities

When did the first known taxation take place?

5000 BC

4000 BC

3000–2800 BC (correct)

2000 BC

What do taxes consist of?

Direct or indirect taxes (correct)

Sales taxes and use taxes

Indirect taxes only

Direct taxes only

In economic terms, what does taxation do?

<p>Transfers wealth from households to the government</p> Signup and view all the answers

What is the purpose of levying a tax on tax?

<p>To impose additional charges on businesses</p> Signup and view all the answers

Tax Compliance Quiz

Choose a study mode

Podcast

Questions and Answers

What is the purpose of tax compliance?

When did the first known taxation take place?

What do taxes consist of?

In economic terms, what does taxation do?

What is the purpose of levying a tax on tax?

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