The tax rate for documentary transfer tax is
A. $1 per $1000 of cash or assumed loans.
B. 1% of the selling price
C. 0.55 per $500 of cash or new loans.
D. 1% of the assessed value.
Answer: C. 0.55 per $500 of cash or new loans.
Business
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Austerity in countries undergoing a sovereign debt crisis leads to:
A) higher government benefits. B) higher taxes and lower government benefits. C) increases in commerce. D) the country's loss of control over its own currency.
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The human resources activity of employee relations involves
a. wage and salary planning b. health and safety planning c. performance assessment d. job placement.
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