What are some types of consumption tax what are your, Taxation

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What are some types of consumption tax what are your

Assignment

Answer each question with a minimum of 175 words.

1. What are some types of consumption tax? What are your thoughts about this tax versus ordinary income tax?

2. What is the purpose of tax planning? How do we conduct tax planning? How could tax planning lead to unethical behavior?

3. What is a temporary difference? Where does this fall into play with financial reporting?

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