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7. Abatement tax is a tax exemption granted by the government for limited period. True False 8. Tax policies can be defined as Government's attitudes,
7. Abatement tax is a tax exemption granted by the government for limited period. True False 8. Tax policies can be defined as Government's attitudes, objectives and actions with respects to its tax system True False 9. A good tax is not required to sufficient to raise necessary government revenue. - True False 10. Revenue refers to the total tax collected by the government for the public and available for public use. True False 11. If the widow or widower maintains a home for a dependent child, he or she qualifies as a married and surviving spouse for the three taxable years following the year of death. - True False 12. Head of household is an individual who is unmarried on the last day of the year, who is not a surviving spouse, and who maintains a home for a child or other dependent family members qualifies as for filing purpose. True False SECTION-B (23=6 Marks )
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