Using the Following Choices, Show the Justification for Each Provision

question 144

Multiple Choice

Using the following choices, show the justification for each provision of the tax law listed.
a. Economic considerations
b. Social considerations
c. Equity considerations
d. Both a. and b.
-More rapid expensing for tax purposes of the costs of installing pollution control devices.

• A)Deferral of gains from involuntary conversions
• B)Carryforward of net operating losses
• C)"No change" is a possible result
• D)State income tax applied to a visiting nonresident
• E)IRS special agent
• F)Undoing the "piggyback" result
• G)Ideal budget goal as to new tax legislation
• H)Every state that has a general sales tax has one
• I)Imposed by all states and the Federal government
• J)Imposed by some states but not the Federal government
• K)Imposed only by the Federal government
• L)No correct match provided

---

Definitions:

Front-facing Car Seat

A child safety seat designed to be installed facing the front of the vehicle, for children who have outgrown the rear-facing seat stage.

Crib

A bed with high sides for a baby or young child, designed to ensure the child's safety while sleeping.

Mobile

Capable of moving or being moved freely or easily, often used to describe devices like phones and technologies that support communication on the go.

Indestructible

Incapable of being destroyed, damaged, or broken down.