Respuesta :
The decision was rendered by the u.s. tax court. the irs has acquiesced in the decision. As long as such acquiescence remains in effect, taxpayers can be confident that it represents the IRS' position on the issue at hand.
Taxation is the compulsory taxation of individuals or entities by governments in almost every country in the world. Taxes are primarily used to generate revenue for government spending, but they can also be used for other purposes.
Taxes apply to physical assets such as real estate and transactions. B. Sale of stock or house. Types of taxes include income tax, corporate tax, capital gains tax, property tax, inheritance tax, and sales tax.
Taxes are a major source of revenue for most governments. Among other things, this money will be used to improve and maintain public infrastructure, including the roads we drive on, and to fund public services such as schools, emergency services, and social programs.
Learn more about tax here:brainly.com/question/26316390
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