Select the most appropriate option to fill in blank number 2.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. levied.
Taxes are levied on companies, meaning they are officially imposed.
Levied: Imposed or enforced by law.
Example: The government levied a new tax on luxury goods.
Why other options are incorrect?
Crossed: Not related to taxation.
Placed: Too general; "levied" is the correct technical term.
Exercised: Does not fit with the idea of imposing a tax.
Hence, the chosen option is correct.