help in homework

New User?

Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Which of the following is true regarding tax-advantaged assets? 9 Multiple Choice They are typically subject to excise taxes to account for their low explicit taxes

Which of the following is true regarding tax-advantaged assets? 9 Multiple Choice They are typically subject to excise taxes to account for their low explicit taxes

Accounting

Which of the following is true regarding tax-advantaged assets? 9 Multiple Choice They are typically subject to excise taxes to account for their low explicit taxes. A corporate bond is typically considered a tax- advantaged asset They are often subject to implicit taxes. A corporate bond is typically considered a tax- advantaged asset. They are often subject to implicit taxes but they are not typically subject to excise taxes to account for their low explicit taxes. None of the choices are correct.

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

None of the choices are correct

Tax-advantaged asset means Investment plans, Assets, Savings plans, which are exempt from taxation or tax-deferred, or having other tax benefits. Tax-advantaged asset are subject to implicit taxes.They includes certain qualified investments, municipal bonds and other financial vehicles.

Corporate bonds are not having any tax free provisions, so they are not considered as tax-advantaged asset.

***********************************************************************************************************************************

Please like if you got your query solved, reach back to us via comment if any query to understand. All the Best.

Sitejabber (5.0)

BBC (5.0)

Trustpilot (4.9)

Google (5.0)