Question

What are the three types of Tax Benefits associated with investments?

a.

Short-term, medium-term, and long-term benefits

b.

Initial tax benefit, continuing tax benefits, and terminal tax benefits

c.

Personal, corporate, and capital gains tax benefits

d.

Direct and indirect tax benefits

Answer: (b).Initial tax benefit, continuing tax benefits, and terminal tax benefits Explanation:Tax Benefits are of three types: Initial tax benefit, Continuing Tax benefits, and Terminal Tax Benefits.

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Q. What are the three types of Tax Benefits associated with investments?

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