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School has been paying the UBIT every year. To reduce or eliminate this year's tax liability, School might: a. Accelerate gross income from the profit-making
School has been paying the UBIT every year. To reduce or eliminate this year's tax liability, School might: a. Accelerate gross income from the profit-making activity into the current tax year. b. Accelerate deductions from the profit-making activity into the current tax year. Oc. Both "Accelerate gross income from the profit-making activity into the current tax year" and "Accelerate deductions from the profit-making activity into the current tax year". Od. Neither "Accelerate gross income from the profit-making activity into the current tax year" nor "Accelerate deductions from the profit-making activity into the current tax year
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