Taxation Is a Financial Force in That

question 82

Multiple Choice

Taxation is a financial force in that

• A)if the firm can achieve a lower tax burden than its competitors,it can generate higher revenues,and then lower its prices or pay higher wages and dividends.
• B)governments,who enact taxes,are formal institutions that enforce tax law via force.
• C)businesses are compelled by foreign governments to pay taxes.
• D)it is not controlled by the firm.