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Lanco - a case we discussed in class - is a Delaware case dealing with the state tax consequences of intangible income and deductions for
Lanco - a case we discussed in class - is a Delaware case dealing with the state tax consequences of intangible income and deductions for royalty payments in and among a related party group of taxpayers.
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True or False. When used in the state tax context, the term allocation generally refers to the assignment of an entitys business income to a particular state.
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