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in 2019, jones inc., purchased 20,000 shares of Boogle INC. which is less than a 2 percent interest in the shares. Boogle Inc., is an

in 2019, jones inc., purchased 20,000 shares of Boogle INC. which is less than a 2 percent interest in the shares. Boogle Inc., is an internet search engine company. in tax year 2023, Boogle Inc., paid a dividend of $500,000. TRUE OR FALSE: under US constitutional standards dealing with the unitary business principle, the dividend is more likely than not, apportionable income that is included in jones inc. tax income

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