Question
Our income tax system is based on involuntary compliance. a. True b. False
Answer
4.4
(289 Votes)
Clara
Elite · Tutor for 8 years
Answer
b. False
Explanation
The statement "Our income tax system is based on involuntary compliance" refers to the principle that taxpayers are required by law to file tax returns and pay the correct amount of taxes. This is enforced through a legal framework, including penalties for non-compliance. This system relies on the legal obligation of citizens to accurately report their income and pay taxes.