USA HISTORY

MAKING OF A NEW NATION 1776 1800

SHAYS REBELLION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Why were so many rebels hurt while attacking debtor courts?
A
Because in self defense and to punish them for evading tax laws, the legisture sent mercenaries to attack the rebels
B
Porque yo lo digo ____ Guey.
C
Because of course they were hurt, what else were they expecting??
D
None of the above
Explanation: 

Detailed explanation-1: -Some of the causes of tax evasion are the existence of tax havens, higher tax rates, lack of integrity on the part of the citizens, presence of informal economy, lack of simplicity in the tax legislations, inefficiency of tax administration etc.

Detailed explanation-2: -Tax evasion is an illegal activity in which a person or entity deliberately avoids paying a true tax liability. Those caught evading taxes are generally subject to criminal charges and substantial penalties. To willfully fail to pay taxes is a federal offense under the Internal Revenue Service (IRS) tax code.

Detailed explanation-3: -Objective: The objective of Tax avoidance is to reduce tax liability by applying the script of law whereas Tax evasion is done to reduce tax liability by exercising unfair means. Tax planning is done to reduce the liability of tax by applying the provision and moral of law.

Detailed explanation-4: -Tax evasion is a punishable offence which involves imprisonment and penalty. The Income Tax Act, 1961 provides for cases of tax evasion under different sections. Such instances or cases of tax evasion are concealments of income, wilful underreporting of income, not filing the ITR, not paying taxes, and so on.

There is 1 question to complete.