As a General Rule: I

question 48

Multiple Choice

As a general rule: I.Income from property is taxed to the person who owns the property.II.Income from services is taxed to the person who earns the income.III.The assignee of income from property must pay tax on the income.
IV) The person who receives the benefit of the income must pay the tax on the income.

• A)Only I and II are true.
• B)Only III and IV are true.
• C)I, II, and III are true, but IV is false.
• D)I, II, III, and IV are true.
• E)None of these is true.

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Definitions:

Police And Criminal Evidence Act

A legislative act in the UK that sets out the powers and duties of police officers in relation to the treatment of suspects and the gathering of evidence.

Informants

Individuals who confidentially provide information or intelligence to law enforcement agencies, often to help solve crimes.

Covertly

Done in a hidden or secretive manner, often to avoid detection.

Authorities

Organizations or individuals vested with the power and legal right to command, decide, and enforce laws or directives.