Find all School-related info fast with the new School-Specific MBA Forum

It is currently 09 Feb 2016, 19:30
GMAT Club Tests

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

State tax officials, having had considerable success in

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Current Student
avatar
Joined: 14 May 2012
Posts: 74
Location: United States
Concentration: Finance, Strategy
GMAT 1: 710 Q49 V38
GPA: 3.8
WE: Corporate Finance (Venture Capital)
Followers: 0

Kudos [?]: 60 [0], given: 15

GMAT ToolKit User
state tax plan - kaplan Diagnostic [#permalink] New post 29 Jun 2012, 02:11
State tax officials, having had considerable success in persuading delinquent individuals to pay their back taxes through the incentive of reduced penalties, plan to adopt a similar approach in order to collect past due taxes from corporations.

The state tax plan outlined above assumes that

a. federal tax officials will not attempt to collect back taxes in the same manner
b. stiff fines are not the only way to collect past due corporate taxes
c. corporations tend to be delinquent in their taxes for the same length of time that individual taxpayers are
d. past due taxes cannot be collected without a reduction in penalties
e. penalties for delinquent corporations will have to be reduced by the same percentage as were penalties for delinquent individuals
Director
Director
User avatar
Status: Final Countdown
Joined: 17 Mar 2010
Posts: 564
Location: India
GPA: 3.82
WE: Account Management (Retail Banking)
Followers: 15

Kudos [?]: 212 [0], given: 75

Re: state tax plan - kaplan Diagnostic [#permalink] New post 29 Jun 2012, 02:39
Good Causal question.

Concession in fines ---->successful payback from defaulters

Though (D) is tempting, but (B) is correct since, A to B doesn't mean B to A too.

There could be other ways (legislative,punitive etc..) to make the defaulters payback the money.
But it would not be sufficient to say that the taxes CAN NOT be collected without the concession.

IMO-(B)
_________________

" Make more efforts "
Press Kudos if you liked my post

Current Student
avatar
Joined: 14 May 2012
Posts: 74
Location: United States
Concentration: Finance, Strategy
GMAT 1: 710 Q49 V38
GPA: 3.8
WE: Corporate Finance (Venture Capital)
Followers: 0

Kudos [?]: 60 [0], given: 15

GMAT ToolKit User
Re: State tax officials, having had considerable success in [#permalink] New post 30 Jun 2012, 02:37
Can some expert Pl ans this Q in detail ??
GMAT Club Legend
GMAT Club Legend
User avatar
Joined: 01 Oct 2013
Posts: 6552
Followers: 638

Kudos [?]: 132 [0], given: 0

Top 10 in overall
Re: State tax officials, having had considerable success in [#permalink] New post 09 Nov 2015, 15:41
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Re: State tax officials, having had considerable success in   [#permalink] 09 Nov 2015, 15:41

Go to page   Previous    1   2   [ 24 posts ] 

    Similar topics Author Replies Last post
Similar
Topics:
5 Experts publish their posts in the topic Because the government of Laconia provided considerable tax guerrero25 8 29 Sep 2013, 15:05
1 State tax officials, having had considerable success in bschool83 20 21 Jul 2011, 15:10
Exports of United States wood pulp will rise considerably vscid 5 19 Jan 2008, 06:23
Exports of United States wood pulp will rise considerably jet1445 3 09 Feb 2007, 10:38
Exports of United States wood pulp will rise considerably gk3.14 3 31 Aug 2006, 17:57
Display posts from previous: Sort by

State tax officials, having had considerable success in

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.