Flynn Matthews
01/31/2024 · Elementary School

2. Which statements are wrong? A. Percentage taxes are basically on sales of services. B. Percentage taxes are not allowed by law to be shifted to the customers or clients. C. An isolated transaction not in the course of business will not result in a liability for a percentage tax. D. None of the above.

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The wrong statement is B. Percentage taxes can be shifted to customers or clients.

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