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________ lessens the taxable income before taxes, while ________ is a direct reduction of taxes. Select one: a. Value added tax; sales and service tax

________ lessens the taxable income before taxes, while ________ is a direct reduction of taxes.

Select one:

a. Value added tax; sales and service tax

b. Tax credit; tax deduction

c. Tax deduction; tax credit

d. Foreign tax credit; domestic tax credit

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