... city of Springvale imposes a net income tax on businesses operating within its jurisdiction The tax equals 1 %of income up to $100,000 and 1.5 %of income in excess of $100,000 The Springvale Bar and ... D.All of the above are characteristics of a tax Which of the following is an example of an activity-based tax? A.A tax on business' net income B.An excise tax C.A gift tax on the transfer of assets ... assets by gift D.Both A and C SJF Inc., which has its corporate offices in Boise, Idaho, conducts business in Idaho, Oregon, California, and British Columbia, Canada Which of the following statements...