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Regarding state business income taxation, nexus is __________. Indicated by the rate of sales and use tax imposed on the business. A determination of whether

Regarding state business income taxation, nexus is __________.

Indicated by the rate of sales and use tax imposed on the business.

A determination of whether a business taxpayer is considered doing business in a specific state.

Not imposed on out-of-state companies that derive income from sources within a state.

Generally calculated using an apportioned capital, net worth, or other non-income base.

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