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Which of the following results in a permanent book/tax difference for a corporate taxpayer? A. Loss realized on a related party sale B. Sale of
Which of the following results in a permanent book/tax difference for a corporate taxpayer?
A. Loss realized on a related party sale
B. Sale of a depreciable asset with a $100,000 book basis and a $33,600 adjusted tax basis
C. Gain recognized under the installment method
D. Net capital loss
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