Question

substances having economic value - ________​

Answer 1

Explanation:

Economic value is the measurement of the benefit derived from a good or service to an individual or a company. Economic value can also be the maximum price or amount of money that someone is willing to pay for a good or service. As a result, economic value can be higher than market value...

Total economic value (TEV) is a concept in cost–benefit analysis that refers to the value derived by people from a natural resource, a man-made heritage resource or an infrastructure system, compared to not having it..

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Answer 2

Answer:

ᴇᴄᴏɴᴏᴍɪᴄ sᴜʙsᴛᴀɴᴄᴇ ɪs ᴀ ᴅᴏᴄᴛʀɪɴᴇ ɪɴ ᴛʜᴇ ᴛᴀx ʟᴀᴡ ᴏғ ᴛʜᴇ ᴜɴɪᴛᴇᴅ sᴛᴀᴛᴇs ᴜɴᴅᴇʀ ᴡʜɪᴄʜ ᴀ ᴛʀᴀɴsᴀᴄᴛɪᴏɴ ᴍᴜsᴛ ʜᴀᴠᴇ ʙᴏᴛʜ ᴀ sᴜʙsᴛᴀɴᴛɪᴀʟ ᴘᴜʀᴘᴏsᴇ ᴀsɪᴅᴇ ғʀᴏᴍ ʀᴇᴅᴜᴄᴛɪᴏɴ ᴏғ ᴛᴀx ʟɪᴀʙɪʟɪᴛʏ ᴀɴᴅ ᴀɴ ᴇᴄᴏɴᴏᴍɪᴄ ᴇғғᴇᴄᴛ ᴀsɪᴅᴇ ғʀᴏᴍ ᴛʜᴇ ᴛᴀx ᴇғғᴇᴄᴛ ɪɴ ᴏʀᴅᴇʀ ᴛᴏ ʙᴇ ᴄᴏɴsɪᴅᴇʀᴇᴅ ᴠᴀʟɪᴅ. ᴛʜɪs ᴅᴏᴄᴛʀɪɴᴇ ɪs ᴜsᴇᴅ ʙʏ ᴛʜᴇ ɪɴᴛᴇʀɴᴀʟ ʀᴇᴠᴇɴᴜᴇ sᴇʀᴠɪᴄᴇ ᴛᴏ ᴅᴇᴛᴇʀᴍɪɴᴇ ᴡʜᴇᴛʜᴇʀ ᴛᴀx sʜᴇʟᴛᴇʀs, ᴏʀ sᴛʀᴀᴛᴇɢɪᴇs ᴜsᴇᴅ ᴛᴏ ʀᴇᴅᴜᴄᴇ ᴛᴀx ʟɪᴀʙɪʟɪᴛʏ, ᴀʀᴇ ᴄᴏɴsɪᴅᴇʀᴇᴅ "ᴀʙᴜsɪᴠᴇ."[1] ᴜɴᴅᴇʀ ᴛʜᴇ ᴅᴏᴄᴛʀɪɴᴇ, ғᴏʀ ᴀ ᴛʀᴀɴsᴀᴄᴛɪᴏɴ ᴛᴏ ʙᴇ ʀᴇsᴘᴇᴄᴛᴇᴅ, ᴛʜᴇ ᴛʀᴀɴsᴀᴄᴛɪᴏɴ ᴍᴜsᴛ ᴄʜᴀɴɢᴇ ᴛʜᴇ ᴛᴀxᴘᴀʏᴇʀ's ᴇᴄᴏɴᴏᴍɪᴄ ᴘᴏsɪᴛɪᴏɴ ɪɴ ᴀ "ᴍᴇᴀɴɪɴɢғᴜʟ ᴡᴀʏ" ᴀᴘᴀʀᴛ ғʀᴏᴍ ᴛʜᴇ ғᴇᴅᴇʀᴀʟ ɪɴᴄᴏᴍᴇ ᴛᴀx ᴇғғᴇᴄᴛs, ᴀɴᴅ ᴛʜᴇ ᴛᴀxᴘᴀʏᴇʀ ᴍᴜsᴛ ʜᴀᴠᴇ ʜᴀᴅ ᴀ "sᴜʙsᴛᴀɴᴛɪᴀʟ ᴘᴜʀᴘᴏsᴇ" ғᴏʀ ᴇɴᴛᴇʀɪɴɢ ɪɴᴛᴏ ᴛʜᴇ ᴛʀᴀɴsᴀᴄᴛɪᴏɴ, ᴀᴘᴀʀᴛ ғʀᴏᴍ ᴛʜᴇ ғᴇᴅᴇʀᴀʟ ɪɴᴄᴏᴍᴇ ᴛᴀx ᴇғғᴇᴄᴛs.[2] ʀᴇғᴇʀᴇɴᴄᴇs ᴛᴏ ᴛʜᴇ ᴇᴄᴏɴᴏᴍɪᴄ sᴜʙsᴛᴀɴᴄᴇ ᴅᴏᴄᴛʀɪɴᴇ ᴡᴇʀᴇ ᴇɴᴀᴄᴛᴇᴅ ᴀs sᴜʙsᴇᴄᴛɪᴏɴ (ᴏ) ᴏғ sᴇᴄᴛɪᴏɴ 7701 ᴏғ ᴛʜᴇ ɪɴᴛᴇʀɴᴀʟ ʀᴇᴠᴇɴᴜᴇ ᴄᴏᴅᴇ ʙʏ sᴇᴄᴛɪᴏɴ 1409 ᴏғ ᴛʜᴇ ʜᴇᴀʟᴛʜ ᴄᴀʀᴇ ᴀɴᴅ ᴇᴅᴜᴄᴀᴛɪᴏɴ ʀᴇᴄᴏɴᴄɪʟɪᴀᴛɪᴏɴ ᴀᴄᴛ ᴏғ 2010

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