When some items of income are omitted from the tax base because the time and effort for
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Question:
When some items of income are omitted from the tax base because the time and effort for taxpayers to accumulate the information necessary to implement the concept is more than the benefit of using it, it is an application of the
a. ability-to-pay concept.
b. administrative convenience concept.
c. arm’s-length transaction concept.
d. capital recovery concept.
e. pay-as-you-go concept.
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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