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Which of the following is an example of an activity-based tax? A tax on business' net income An excise tax A gift tax on the

Which of the following is an example of an activity-based tax?

  • A tax on business' net income

  • An excise tax

  • A gift tax on the transfer of assets by gift

  • Both a tax on business' net income and a gift tax on the transfer of assets by gift

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