Income tax is calculated for which of the following jurisdictional groups?
A)Municipal, provincial, and federal
B)Municipal, federal, and foreign
C)Provincial, federal, and foreign
D)Municipal, provincial, and foreign

Question

Quizplus · Accepted Answer

Income tax is typically calculated for provincial, federal, and foreign jurisdictions. These entities have the authority to levy taxes on income, whereas municipal governments usually do not impose income taxes directly.

Income Tax Is Calculated for Which of the Following Jurisdictional