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9. XYZ Corporation generated gross income for 20X1 of $1,000,000 and net income subject to normal tax of $250,000. At the end of said taxable
9. XYZ Corporation generated gross income for 20X1 of $1,000,000 and net income subject to normal tax of $250,000. At the end of said taxable year, the Corporation distributed $40,000 to each of its t...
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