[Answered] Severance taxes are assessed against a. real property. b. raw materials when they are extracted ...

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Author Question: Severance taxes are assessed against a. real property. b. raw materials when they are extracted ... (Read 57 times)

Frost2351

Hero Member
Posts: 557

on: Jul 8, 2018

Severance taxes are assessed against

a. real property.
b. raw materials when they are extracted from their natural state.
c. gross receipts.
d. personal property.
e. personal income.

Question 2

The main source of revenue for local governments is the

a. sales tax.
b. income tax.
c. property tax.
d. intangibles tax.

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Marked as best answer by a Subject Expert

kthug

Sr. Member
Posts: 332

Reply #1 on: Jul 8, 2018

Answer to Question 1

B

Answer to Question 2

c

Frost2351

Member
Posts: 557

Reply 2 on: Jul 8, 2018

Gracias!

sultansheikh

Member
Posts: 335

Reply 3 on: Yesterday

YES! Correct, THANKS for helping me on my review

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