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11- Tax avoidance is using the taxation regime to one's own advantage by arranging your affairs to minimize your tax liability D True 12- A

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11- Tax avoidance is using the taxation regime to one's own advantage by arranging your affairs to minimize your tax liability D True 12- A good tax is not required to sufficient to raise necessary government revenue. True False 13- The person elected and appointed officials who is responsible for deriving the value of the property is known as property assessors True 14-For the 2020 tax year, the self-employment tax rate is 15.3%. Social Security represents 12.4% of this tax and Medicare represents 2.9% of it. True False 15- The base for the federal income tax is taxable income, defines as the gross income minus allowable deductions. True False 16- Tax exemption granted by the government for limited period is known as Earmarked tax True False 17- An individual who is unmarried on the last day of the year, who is not a surviving spouse, and who maintains a home that is the principal place of abode/home for a child or other dependent family members qualifies as head of household for filing purpose. True False 18- A surviving spouse can use the married filing jointly tax rates for these two years. True False 19- Corporate companies are known as corporations who is the taxpayers. True False 20-Dual tax rate structure has only three different tax rates. True

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