Which of the following is required for double taxation ? (A) Two taxes should be levied on the same…
Double taxation occurs when two or more taxes are levied on the same tax base or item (A) and with reference to the same period of time (D) by the same or overlapping taxing…
Choose your answer
Which of the following is required for double taxation ?
(A) Two taxes should be levied on the same item or same tax base.
(B) Two taxes should not be levied on the same item or same tax base.
(C) Two taxes should not have reference to same period of time.
(D) Two taxes should have reference to same period of time.
Answer and explanation
Correct answer D
Double taxation occurs when two or more taxes are levied on the same tax base or item (A) and with reference to the same period of time (D) by the same or overlapping taxing authorities.
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RPSC Assistant Professor (College Education)