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The assignment of income doctrine holds that: A) Income from a transaction must be taxed to the person who receives the cash from the transaction.
The assignment of income doctrine holds that: A) Income from a transaction must be taxed to the person who receives the cash from the transaction. B) Income from a transaction must be taxed to the person who reports the transaction on his or her tax return. C) Income from a transaction must be taxed to the person that earns the income. D) None of the above
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