In the context of Federal and state corporate income taxation: a.Many states collect their taxes using a "piggyback" on the Federal return. b.Most state require that the taxpayer report to the...

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In the context of Federal and state corporate income taxation: a.Many states collect their taxes using a "piggyback" on the Federal return. b.Most state require that the taxpayer report to the...

In the context of Federal and state corporate income taxation:

a.Many states collect their taxes using a "piggyback" on the Federal return.

b.Most state require that the taxpayer report to the state taxing agency the changes made to a return in a Federal audit.

c.Both "Many states collect their taxes using a "piggyback" on the Federal return" and "Most state require that the taxpayer report to the state taxing agency the changes made to a return in a Federal audit".

d.Neither "Many states collect their taxes using a "piggyback" on the Federal return" nor "Most state require that the taxpayer report to the state taxing agency the changes made to a return in a Federal audit".

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Answer 1

Answer #1

C: both, "many states collect their taxes using a "piggyback" on the federal return" and "most state require that the taxpayer report to the state taxing agency the changes made to a return in a federal audit.

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In the context of Federal and state corporate income taxation: a.Many states collect their taxes using a "piggyback" on the Federal return. b.Most state require that the taxpayer report to the...

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In the context of Federal and state corporate income taxation: a.Many states collect their taxes using a "piggyback" on the Federal return. b.Most state require that the taxpayer report to the...