2 provisions on the bg - Study guides, Class notes & Summaries

AFIP TEST (AFIB MASTER CERTIFICATION TEST) SOLVED 100% CORRECT!!

Three basis points are equal to: A) 3% B) 3/10th of 1% C) 3/100th of 1% D) 3/1000th of 1% - Answer- C) 3/100th of 1% One basis point is equal to .01%, or 1/100th of 1%. Therefore, three basis points equals .03%, or 3/100th of 1%. What is the required annual income for a married couple to be considered an accredited investor under Regulation D? A) $100,000 B) $300,000 C) $1 million D) $5 million - Answer- B) $300,000 To be considered accredited, the required annual income for...

Each year the South-Western Federal Taxation series is updated with thousands of changes to each text. Some of these changes result from the feedback we receive from instructors and students in the form of reviews, focus groups, web surveys, and personal e-mail correspondence to our authors and team members. Other changes come from our careful analysis of the evolving tax environment. We make sure that every tax law change relevant to the introductory taxation course was considered, sum...