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Slow Corporation owns a 2 0 % interest in Fast Corporation, a domestic corporation. For the year, Slow Corporation had gross receipts of $ 7
Slow Corporation owns a interest in Fast Corporation, a domestic corporation. For the year, Slow Corporation had gross receipts of $ operating expenses of $ and dividend income of $ from Fast Corporation. The dividends were not from debtfinanced portfolio stock. What is Slow Corporations dividendsreceived deduction for the year?
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