Taxation and Public Services Quiz
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Questions and Answers

Which of the following is a purpose of tax treaties between countries?

  • To encourage tax evasion
  • To increase tax rates
  • To discourage investment
  • To prevent double taxation of income (correct)
  • How can taxes influence economic behavior?

  • By discouraging investment (correct)
  • By increasing tax rates
  • By closing loopholes
  • By encouraging tax evasion
  • Why are tax codes often revised and updated?

  • To encourage tax evasion
  • To increase tax rates
  • To discourage investment
  • To address economic challenges (correct)
  • Which one of the following is an example of an indirect tax?

    <p>Sales tax</p> Signup and view all the answers

    What is the tax base for income tax?

    <p>Income earned by an individual or a business</p> Signup and view all the answers

    What is the difference between tax evasion and tax avoidance?

    <p>Tax evasion involves deliberate underpayment of taxes, while tax avoidance involves legal reduction of tax payable</p> Signup and view all the answers

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