I:1-13 A good tax structure has five characteristics. a. Briefly discuss the five characteristics. b. Using the

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I:1-13 A “good” tax structure has five characteristics.

a. Briefly discuss the five characteristics.

b. Using the five characteristics, evaluate the following tax structures:

1. Federal income tax 2. State sales tax 3. Local ad valorem property tax

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Pearsons Federal Taxation Corporations Partnerships Estates And Trust 2023

ISBN: 9780137730391

36th Edition

Authors: KENNETH E. ANDERSON, DAVID S. HULSE, TIMOTHY J. RUPERT Richard J. Joseph LeAnn Luna

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