Question
If the (average) tax rate falls by 10% and as a result the tax base rises by 20%, then tax revenues will A.There is not
If the (average) tax rate falls by 10% and as a result the tax base rises by 20%, then tax revenues will
A.There is not enough information given to answer this question.
B.Rise
C. remain unchanged
D. Decline
Step by Step Solution
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Step: 1
The change in tax revenues can be calculated by multiplying ...
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Principles of Auditing and Other Assurance Services
Authors: Ray Whittington, Kurt Pany
19th edition
978-0077804770, 78025613, 77804775, 978-0078025617
