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Tax Compliance Quiz
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Tax Compliance Quiz

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@CelebratorySitar

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Questions and Answers

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

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