KP, a calendar year corporation, filed its 2015 return on May 1, 2016. On February 19, 2019,
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KP, a calendar year corporation, filed its 2015 return on May 1, 2016. On February 19, 2019, it filed an amended 2015 return reflecting $2.61 million less taxable income than the original return and requesting a $913,000 tax refund. Identify the tax issue or issues suggested by the situations, and state the issue in the form of a question.
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Principles Of Taxation For Business And Investment Planning 2020
ISBN: 9781259969546
23rd Edition
Authors: Sally Jones, Shelley Rhoades Catanach
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