Taxation and Ethics Exploration

Taxation and Ethics Exploration

University

24 Qs

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Taxation and Ethics Exploration

Taxation and Ethics Exploration

Assessment

Quiz

Business

University

Practice Problem

Easy

Created by

Abdelaziz Fourati

Used 1+ times

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24 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the main principles of taxation?

Equity, efficiency, simplicity, certainty, and convenience.

Complexity, unpredictability, and rigidity

Progressivity, neutrality, and sustainability

Transparency, flexibility, and accountability

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define the concept of tax equity.

Tax equity is the idea that all taxes should be the same for everyone.

Tax equity refers to the total amount of taxes collected by a government.

Tax equity means that taxes are based solely on the type of income earned.

Taxes should be levied based on an individual's or entity's ability to pay.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between direct and indirect taxes?

Direct taxes are optional for taxpayers.

Direct taxes are always higher than indirect taxes.

Direct taxes are paid directly by the taxpayer, while indirect taxes are collected by intermediaries from the consumer.

Indirect taxes are only paid by businesses.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain the importance of tax compliance.

Tax compliance has no impact on public trust.

Tax compliance is important for legal adherence, funding public services, ensuring fairness, and maintaining trust in the tax system.

Tax compliance is only necessary for large corporations.

Tax compliance is primarily about maximizing profits.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are ethical tax practices?

Tax evasion strategies that minimize payments.

Compliant and transparent methods of managing tax obligations.

Methods that exploit loopholes in tax laws.

Opaque practices that hide financial information.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can tax evasion impact society?

Tax evasion increases government funding for public services.

Reduces public services, increases the tax burden on honest taxpayers and reduces confidence in government.

Tax evasion has no effect on honest taxpayers.

Tax evasion promotes trust in government institutions.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of tax audits in compliance?

Tax audits are only for large corporations.

Tax audits are primarily used to increase tax rates.

Tax audits focus solely on employee performance.

Tax audits ensure compliance by verifying accuracy, identifying discrepancies, and promoting adherence to tax laws.

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