answer true or false

1. The exchange of information between member countries may not be necessary term in tax treaties between these countries

2. The cash accounting basis is widely applicable rule in determining taxable income vide Palestinian income tax law

3. The impacts of tax evasion and tax planning are similar but the means of achieving them vary

4. Foreign credit tax is a credit given by the tax administration to the tax payer on his foreign sourced income

5. (The income of Palestinian worker generated in Israel is taxed in accordance to Palestinian Income Tax Law No.(8) for 2011.

6. Overtaxation is another term to describe double taxation .

7. Overtaxation and double taxaton practices have the same impact on taxpayer ability to save ,invest,and evade