______ is a one time tax levied for debt redemption
Answer:
1. Econometric method
2. capital levy
3. none of the above 4.investment
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answer: option no. 4 investment
Explanation:
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Option 2 is the correct answer.
Capital Levy is a one time tax levied for debt redemption.
- It is during unforseeable events such as war or any emergency that the government raise money to clear the public debt by charging a special tax on capital. It is known as capital levy.
- It is not a recurring tax but only a direct one time tax.
- It is one of the many methods of Debt redemption.
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