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IRC tax code regulates businesses from a tax standpoint. In the IRC Code, summarize what IRC section 312 talks about. How does this code affect

IRC tax code regulates businesses from a tax standpoint. In the IRC Code, summarize what IRC section 312 talks about. How does this code affect businesses? Explain 4 different ways IRC section 312 affects businesses when it comes to taxes. For example, what must companies do because of IRC Section 312?

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