For Each of the Following Taxes That Are Imposed on Private

question 93

Multiple Choice

For each of the following taxes that are imposed on private foundations and/or foundation managers, match the appropriate initial tax or additional tax.
-Tax on self-dealing

• A)10% initial tax and 25% additional tax on private foundation.
• B)30% initial tax and 100% additional tax on private foundation.
• C)10% initial tax and 200% additional tax on private foundation.
• D)10% initial tax and 100% additional tax on disqualified person.
• E)10% initial tax and 200% additional tax on the disqualified person.

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Definitions:

Episodic Memory

A form of persistent memory that deals with the recall of particular incidents, conditions, and perceptions, inclusive of the circumstances and feelings tied to them.

Nondeclarative

A type of memory expressed through performance rather than conscious recall, also known as implicit memory.

Elaborative Rehearsal

A technique in memory that involves thinking about the meaning of the term to be remembered, as opposed to repetitive rote memorization.

Learning List

A method or a tool used for memorization that involves enumerating or cataloguing information in a structured format.