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Match the statements that relate to each other. Note: Some choices may be used m

ID: 2481455 • Letter: M

Question

Match the statements that relate to each other. Note: Some choices may be used more than once or not at all.

Question 3 options:

  

Revenue neutrality

Use tax

Income tax amnesty

  

Import taxes (customs duties)

Discriminant Index Function (DIF)

Revenue Agent's Report (RAR)

  

Export taxes

Excise tax on tobacco

“Pay-as-you-go” (paygo)

Tax fraud suspected

Tax on transfers at death (inheritance type)

  

Decoupling

Wherewithal to pay concept

Deferral of gains from involuntary conversions

Carryback and carryforward of net operating losses

“No change” is one possible result

State income tax applied to visiting nonresident

IRS special agent

Undoing the “piggyback” result

Ideal budget goal as to new tax legislation

Every state that has a general sales tax has one

Imposed by all states and the Federal government

Imposed by some states but not the Federal government

Imposed only by the Federal government

No correct match provided

  

Revenue neutrality

Use tax

Income tax amnesty

  

Import taxes (customs duties)

Discriminant Index Function (DIF)

Revenue Agent's Report (RAR)

  

Export taxes

Excise tax on tobacco

“Pay-as-you-go” (paygo)

Tax fraud suspected

Tax on transfers at death (inheritance type)

  

Decoupling

Wherewithal to pay concept

1.

Deferral of gains from involuntary conversions

2.

Carryback and carryforward of net operating losses

3.

“No change” is one possible result

4.

State income tax applied to visiting nonresident

5.

IRS special agent

6.

Undoing the “piggyback” result

7.

Ideal budget goal as to new tax legislation

8.

Every state that has a general sales tax has one

9.

Imposed by all states and the Federal government

10.

Imposed by some states but not the Federal government

11.

Imposed only by the Federal government

12.

No correct match provided

Explanation / Answer

Revenue neutrality- 7. Ideal Budget goal as to new tax legislation

Use tax -8. Every state that has a general sales tax has one

Income tax amnesty - 10.Imposed by some states but not the Federal government

Import taxes (customs duties) - 11.Imposed only by the Federal government

Discriminant Index Function (DIF) - 12.No correct match provided

Revenue Agent's Report (RAR)-3. “No change” is one possible result

Export taxes - 12.No correct match provided

Excise tax on tobacco- 9.Imposed by all states and the Federal government

“Pay-as-you-go” (paygo- 7. Ideal Budget goal as to new tax legislation

Tax fraud suspected- 5.IRS special agent

Tax on transfers at death (inheritance type)- 10.Imposed by some states but not the Federal government

Decoupling -6. Undoing the “piggyback” result

Wherewithal to pay concept- 1.Deferral of gains from involuntary conversions

“Pay-as-you-go” (paygo- 7. Ideal Budget goal as to new tax legislation

Tax fraud suspected- 5.IRS special agent

Tax on transfers at death (inheritance type)- 10.Imposed by some states but not the Federal government

Decoupling -6. Undoing the “piggyback” result

Wherewithal to pay concept- 1.Deferral of gains from involuntary conversions