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  3. the allowance of deductions in calculating taxable

The allowance of deductions in calculating taxable income and the use of a progressive tax...

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Accounting

  1. The allowance of deductions in calculating taxable income and the use of a progressive tax rate structure are a direct application of the
    1. Ability to Pay Concept.
    2. Administrative Convenience Concept.
    3. Arms-Length Transaction Concept.
    4. Capital Recovery Concept.
    5. Pay-as-You-Go Concept.

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