Examlex
Which of the following traits describe a professional automotive technician?
Deductions
Expenses or specific amounts that can be subtracted from one's gross income to reduce the taxable income.
Rate Structure
The system or plan for pricing services, often used in reference to utilities like electricity, water, and telecommunications, outlining how rates vary based on usage levels or time of use.
Tax Base
The measure or value upon which a tax is levied.
Incidence
In economics, the allocation or distribution of a tax's economic burden between buyers and sellers.
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