Tax Law Quiz

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Questions and Answers

What is tax law?

A set of rules and procedures used by individuals and corporations to avoid paying taxes
A type of consumer law that is used for large-scale redistribution
A body of laws that regulates the distribution of tax revenue
An area of legal study in which public or sanctioned authorities use a body of rules and procedures to assess and collect taxes in a legal context (correct)

What is the relationship between tax law and public law?

Tax law is a subset of private law
Tax law is a type of criminal law
Tax law is separate from public law
Tax law is part of public law (correct)

What are some of the taxes covered under tax law?

Property tax, gift tax, and excise tax
Sales tax, excise tax, VAT, import duties, and property tax
Income tax, estate tax, business tax, employment/payroll tax, property tax, gift tax and exports/imports tax (correct)
Income tax, estate tax, and sales tax

What is the argument against tax law for large-scale redistribution?

Consumer law is a better way to engage in large-scale redistribution than tax law because it does not necessitate legislation and can be more efficient (A) Signup and view all the answers

What is the legal obligation for tax agents in Australia?

To complete a course in law of taxation and law of financial services (C) Signup and view all the answers

What degree do graduates earn in most African countries to become lawyers?

Bachelor of Laws (LL.B.) (A) Signup and view all the answers

What additional degree do graduates seek to become practitioners of the law in most African countries?

Master of Laws or greater (D) Signup and view all the answers

What does Paul Caron maintain on TaxProf Blog?

A list of tax faculty ranked by publication downloads (A) Signup and view all the answers

Which countries use the British legal education curriculum in their law educational system?

Most African countries (D) Signup and view all the answers

Flashcards

Tax Law

The collection of laws and procedures used by public authorities to assess and collect taxes.

Public Law

A broad category of law that focuses on the relationship between the government and individuals/organisations.

Taxes under Tax Law

Types of taxes including income, estate, business, employment, property, gift, and import/export taxes.