Quick tax test: Tax 101

Step 1 of 29

There are eight questions in this test.

Select the best option to identify which level of government would impose and collect this tax.

  • Fact 5

    In 1917, during World War I, the price of admission into a place of entertainment was taxed. Auditors attended race meetings, theatre and picture shows to ensure the tax was being paid. This tax was also imposed from 1942 to 1953.

Shares

Shares represent part ownership of a company.

read more glossary terms