Question :

While substantial diversity exists among the states, similarities do exist. Which of the following items is not one of the common similarities?

- All states have statutes of limitations.

- In most states, tax is self-assessed and responsibility rests with individuals to file returns when they exceed the specified filing threshold.

- Every state has a tax authority that has the right to examine tax returns.

- Most authorities have statutory or regulatory procedures to appeal assessments and resolve disputes in courts.

- Most states permit an extension of time to file and pay tax due.