5.1) complete the sentence below by placing one of the following options in the space. a taxable person is ...

- the person or entity who has direct contract with the tax authority

- the person or entity who is responsible for completing the tax return

-the person or entity who is accountable for the tax payment

- the country whose tax laws apply to the entity

5.2) complete the sentence below by placing one of the following options in the space. tax evasion is

- deferring tax payments

- delaying tax payments

- a legal way of avoiding paying taxes

- an illegal way of avoiding paying taxes

5.3)developed countries generally use three tax bases one tax base widely used is income what is another widely used tax base?

- redemption

- profit

-earnings

- assets

- salary

5.4)which of the following could be said to be a progressive tax ?

- corporate wealth tax at 2 % of total net asset up to R 10 million then at 0.5 % on net asset greater than R 10 million

-value added tax at a rate of 0% 10% or 15 % depending on the type of goods or services provided

- personal income tax of 10 % on earnings up to R10 000 then at 15 % from R10 001 up to R100 000 and 25 % over R 100 000

- property sales tax of 1 % of the selling price of all properties sold.