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Onceuponatime, Inc. does business in Utah (6% tax rate) and Wyoming (3% tax rate). All other factors being equal, Onceuponatime will reduce state taxes if

image text in transcribed Onceuponatime, Inc. does business in Utah (6\% tax rate) and Wyoming (3\% tax rate). All other factors being equal, Onceuponatime will reduce state taxes if it constructs a new manufacturing plant in Wyoming. Assume apportionment formula modeled after the Uniform Division of Income for Tax Purposes Act (UDITPA). true false

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