Which of the following are true? A. Credits are more valuable on federal returns than state tax

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Which of the following are true?

A. Credits are more valuable on federal returns than state tax returns

B. As a practical matter, credits and incentives are the same

C. Tax practitioners are usually fully versed in their own state’s credits and incentives

D. None of the above

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State And Local Taxation Principles And Practices

ISBN: 9781604270952

3rd Edition

Authors: Sanjay Gupta, John Karayan, Joseph Neff, Charles Swenson

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