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a) Explain the concepts of horizontal equity and vertical equity in the context of taxation. b) Explain the difference between tax deductions and tax credits.
a) Explain the concepts of horizontal equity and vertical equity in the context of taxation.
b) Explain the difference between tax deductions and tax credits.
b) Explain the difference between tax deductions and tax credits.
c) Are deductions or credits more.
(vertically) equitable? Briefly explain.
(vertically) equitable? Briefly explain.
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a Horizontal equity in taxation refers to the principle that individuals in similar economic situ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
