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Business, 25.10.2019 00:43 Liantic

Identify which of the following statements is true. a. a corporation bears the burden of proving that its earnings are not being accumulated to avoid income taxes. b. to avoid the accumulated earnings tax, a corporation needs to have a definite plan for expending the accumulated earnings. c. in practice, the accumulated earnings tax applies only to closely held corporations.

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Identify which of the following statements is true. a. a corporation bears the burden of proving tha...

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