Safe Harbor Is a Term Used to Describe a Provision

question 81

True/False

Safe harbor is a term used to describe a provision in the Internal Revenue Code that protects taxpayers from penalty under certain situations.

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Definitions:

Strongly Disagree

A response option in surveys and questionnaires indicating a respondent's firm opposition to a statement or viewpoint.

Opposite Meanings

Terms or words that have completely different or contrary meanings to each other.

Reification

Turning an abstract into a concrete thing—for example, assuming that because there are measures of intelligence, there is a unitary, tangible entity called intelligence.

Abstraction

The process of removing physical, specific details to focus on ideas or concepts at a more general, simplified level.