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    Exam 3: Corporations Special Situations
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    Gerbil Corporation Was Formed in 2006
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Gerbil Corporation Was Formed in 2006

Question 96

Question 96

True/False

Gerbil Corporation was formed in 2006. If in 2016, it has average gross receipts of under $7.5 million, the company cannot be subject to the AMT.

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