Explain One of the Two Exceptions to Imposing Interest from the Original

question 59

Essay

Explain one of the two exceptions to imposing interest from the original due date of the tax return until the date the tax deficiency is paid.

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Definitions:

Rhizome

A horizontal underground stem that bears leaves and buds and often serves as a storage organ and a means of asexual reproduction (e.g., iris).

Horizontal

Refers to something that is arranged or lying flat, parallel to the plane of the horizon or perpendicular to the vertical.

Aboveground

Referring to the part of a plant or structure that is visible or exists above the surface of the soil or ground.

Endosperm

The nutritive tissue inside the seeds of most flowering plants, surrounding and nourishing the embryo.