Public Law 86-272 Protects a Taxpayer from Which of the Following

Multiple Choice

Public Law 86-272 protects a taxpayer from which of the following taxes?

A) California Franchise Tax (a net income tax) .
B) Ohio Commercial Activity Tax (an excise tax with a gross receipts base) .
C) Texas Margin Tax (a tax with net income, gross receipts, and capital worth components) .
D) Washington Business and Occupation Tax (a gross receipts tax) .