Question: 2. If any differences exist between the House of Representatives and the Senate passed versions of a tax bill, then a. neither version of the

2. If any differences exist between the House of Representatives and the Senate passed versions of a tax bill, then

a. neither version of the tax bill can receive further consideration by Congress.

b. the House version is sent to the President since all tax legislation must originate in the House.

c. both versions of the tax bill are referred to the Joint Conference Committee

d. None of the statements is accurate.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

1. Which, if any, of the following statements is not accurate? a. Every Code section has a treasury regulation. b. The current Code is the 1986 Code, as amended. c. Code sections inserted between...

Q:

I need the attached 33 questions answered for me today by 6pm EST. Project/Test One TXX 5769 September 14, 2015 There are 33 multiple choice questions below. Please use the posted answer sheet for...

Q:

Which, if any, of the following statements is not accurate? a. Every Code section has a treasury regulation. b. The current Code is the 1986 Code, as amended. c. Code sections inserted between...

Q:

Revenue Code relative to the VAT. These bills were referred to the House Ways and Means Committee which recommended for approval a substitute EXERCISE 1-10. CASE STUDY (How a Bill Becomes A'Law)...

Q:

CASE STUDY ( How a Bill Becomes A Law ) Arturo Tolentino assail the constitutionality of Republic Act No. 7716 which seeks to widen the tax base of the existing value - added tax ( VAT ) system and...

Q:

Top of Form Question 1 Why would a representative place a bill in the hopper? To keep it from being considered by the house To introduce it into the legislative process To raise a question about its...

Q:

QUESTION 1 Which of the following is not a protected class under the Civil Rights Act of 1964? Sexual Orientation Color Sex Religion 10 points QUESTION 2 When a court looks at floor debates and...

Q:

Xamination Nathe: all questions and problems appearing on this examinatien under rules goveming income taxation. Unless instructed otherwise, assume the relevant year to 21. Ignore any rule changes...

Q:

In January 1995, the Australian House of Representatives passed the Taxation Reform Bill 1995 . This bill aimed to simplify the tax system in Australia and reduce personal income tax by 5%. The bill...

Q:

Which of the following is a type or source of law? A: Constitutionb. B: Statutec. C: Court opiniond. D: All of the above are types or sources of law. Congress creates federal agencies through a.the...

Q:

Pharoah Inc. is involved in five separate industries. The following information is available for each of the five industries: Operating Operating Total Profit/ Segment Revenue (Loss) Assets A...

Q:

Your CEO has stated that she will not approve any acquisition unless it is accretive to next year's Earnings Per Share. List at least one reason why you might agree and at least one critique of her...

Q:

If you think the interest rate is going to go up , which bonds will be impacted the least 1 . A 6 percent bond with 2 year maturity 2 . A 6 percent bond with 1 0 year maturity 3 . A zero coupon bond...

Q:

Processes are commonly represented in either of two ways. One style uses bloc tions. A similar style uses circles rather than blocks: Operation Operation Operation 3 Process can operate in series, as...

Q:

What problems develop when the head of HR reports to any executive other than the chief executive officer?

Q:

What is the fundamental difference between a line activity and a staff activity? Provide two examples of each in a health care setting.

Q:

Why do experts contend that a primary characteristic of line personnel is present within a clearly defined staff activity such as HR or Finance?