Which, If Any, of the Following Is a Typical Characteristic

question 79

Multiple Choice

Which, if any, of the following is a typical characteristic of an ad valorem tax on personalty?

• A)Taxpayer compliance is greater for personal use property than for business use property.
• B)The tax on automobiles sometimes considers the age of the vehicle.
• C)Most states impose a tax on intangibles.
• D)The tax on intangibles generates considerable revenue since it is difficult for taxpayers to avoid.
• E)None of these.

---

Definitions:

Rolex Watches

A brand of luxury watches known for their quality, prestige, and performance, often considered a status symbol.

Government Data

Information collected, created, or maintained by government agencies that can include statistics, reports, and records on various aspects of society, the economy, and the environment.

Outdated Quickly

describes items or technologies that become obsolete or less effective swiftly due to rapid advancements or changes.