Which of the Following Activities Does Not Result in a "Tax

question 7

Multiple Choice

Which of the following activities does not result in a "tax credit" for income tax purposes?

• A)the use of certain fuels
• B)foreign taxes paid
• C)hiring certain employees
• D)investing in certain municipal bonds

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Definitions:

Affirmative Action

A policy or a set of measures aimed at increasing opportunities for historically disadvantaged groups in various areas, such as employment and education.

Comparable Worth

The principle that jobs of equal value to an organization should receive equal pay, regardless of the gender or ethnicity of the person performing the job.

Employment Equity Act

Legislation aimed at promoting fair treatment and eliminating discrimination in the workplace, ensuring equality of opportunity for all employees.

Federal Government

The national government of a federal country that has specific powers accorded by the country's constitution.