California and New York impose a franchise tax which is computed like a corporate income tax. Which
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California and New York impose a franchise tax which is computed like a corporate income tax. Which of the following generate nexus for a franchise tax?
A. Corporation does business in the state B. Corporation has commercial domicile in the state C. Corporation incorporated in the state D. Corporation qualified or registered to do business in the state
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The correct answers are A Corporation does business in the state C Corporation incorporated in the s...View the full answer
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Related Book For 
State And Local Taxation Principles And Practices
ISBN: 9781604270952
3rd Edition
Authors: Sanjay Gupta, John Karayan, Joseph Neff, Charles Swenson
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