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    Canadian Tax Principles
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    Exam 1: Byrd Chens Canadian Tax Principles
  5. Question
    A Value Added Tax Is a Tax Levied on the Increase
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A Value Added Tax Is a Tax Levied on the Increase

Question 24

Question 24

True/False

A value added tax is a tax levied on the increase in value of a commodity or service that has been created by the taxpayer's stage of the production or distribution cycle.

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