QUESTION 13

1. Match each term to its correct definition.

   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	Ad Valorem Tax
   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	Marginal Tax Rate
   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	Effective Tax Rate
   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	Excise Taxes
   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	Sales Tax
   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	Use Tax
   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	Progressive Tax Rate Structure
   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	Proportional Tax Rate Structure
   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	30 Day Letter
   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	90 Day Letter
   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	Office Examination
   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	Field Examination
   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	Private Letter Rulings
   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	Technical Advice Memorandum
   - A. B. C. D. E. F. G. H. I. J. K. L. M. N. O.	Personal Property Tax

   A.	IRS pronouncements issued in response to a taxpayer request for a ruling on specific issues for the taxpayer.
   B.	The IRS letter received after an audit that instructs the taxpayer that he or due has [blank] days to either (1) request a conference with an appeals officer or (2) agree to the proposed adjustment.
   C.	A tax rate structure that imposes an increasing marginal tax rate as the tax base increases. As the base increases, both the marginal tax rate and the taxes paid increase.
   D.	The taxpayer's average rate of taxation on each dollar of total income.
   E.	A tax imposed on the retail price of goods (plus certain services). Retailers are responsible for collecting and remitting the tax.
   F.	Taxes based on the value of property
   G.	This tax rate structure imposes a constant tax rate throughout the tax base.
   H.	Rulings issued by the IRS national office, requested by an IRS agent and generated for a completed transaction.
   I.	A tax on the fair market value of all types of tangible and intangible property, except for real property.
   J.	The tax rate that applies to the next additional increment of a taxpayer's taxable income (or deductions).
   K.	A tax imposed on the retail price of good owned, possessed or consumed within a state. The responsible party to remit the tax is the taxpayer.
   L.	The IRS letter received after an audit and the receipt of a [blank] day letter that explains the taxpayer has [blank] days to either (1) pay the proposed deficiency or (2) file a petition in the US Tax Courts to hear the case.
   M.	The IRS conducts these audits at the taxpayer's place of business (their office) or the location of the taxpayer's books, records and source documents are maintained. Broadest in Scope.
   N.	These audits are taken place at the IRS' office locations and tend to be broader in scope as compared to [blank] audits, but less broad than [blank] audits.
   O.	Taxes levied on the retail sale of particular products.