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Which of the following statements about corporate and individual taxpayers is false? Both individuals and corporations can claim a foreign tax credit Adjusted gross income

Which of the following statements about corporate and individual taxpayers is false?

Both individuals and corporations can claim a foreign tax credit

Adjusted gross income is an important metric for both individuals and corporations because it determines whether the individual or the corporation qualified for certain deductions or credit.

Individuals are subject to a progressive tax rate structure, whereas a flat tax applies to corporations

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