Question:medium

The rule of interpretation is that the taxation statute must be interpreted ________.

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Strict construction of tax laws means that any ambiguity or loophole in the drafting of a tax levy is resolved in favor of the assessee/taxpayer, not the state.
Updated On: Jul 7, 2026
  • Contextually.
  • Socialistically.
  • Equitably.
  • Strictly
Show Solution

The Correct Option is D

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