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It’s time for a GMAT Challenge Question, and it’s also time to start thinking about your taxes – April 15 is about two months away! With your taxes in mind, we thought we would let you audit an IRS-related Sentence Correction question. Try to solve the question on your own and we’ll be back tomorrow with the solution and explanation.
Mutual funds, though helpful for personal investors who wish to diversify their portfolios, expose shareholders to additional taxation: not only are taxes on shareholders’ eventual sales of the securities collected by the IRS, but also on reinvested dividend stakes earned by the securities held by the fund itself.
A) not only are taxes on shareholders’ eventual sales of the securities collected by the IRS, but also on
B) collected by the IRS are taxes not only on shareholders’ eventual sales of the securities, but also on
C) taxes not only on shareholders’ eventual sales of the securities are collected by the IRS but also
D) not only taxes on shareholders’ eventual sales of the securities are collected by the IRS, but also on
E) taxes are collected by the IRS not only on shareholders’ eventual sales of the securities but also
Check back tomorrow, when we’ll reveal the answer.
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