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Which of the following items does not result in a permanent difference? A) Accelerated tax depreciation in excess of straight-line book appreciation B) Interest income
Which of the following items does not result in a permanent difference?
A) Accelerated tax depreciation in excess of straight-line book appreciation
B) Interest income from a tax-exempt municipal bond
C) Dividend received deduction on the income tax return
D) Excess tax benefits from the exercise of an NQO
Explain, please.
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