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Lindsay works at an Under Armour store and receives a discount on clothing. How much can the discount be without it being taxable to Lindsay?
Lindsay works at an Under Armour store and receives a discount on clothing. How much can the discount be without it being taxable to Lindsay?
a. It can be any percent discount.
b. 20%.
c. It is limited to the gross profit percentage of the company for the merchandise.
d. 50%.
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