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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 22: S Corporations
  5. Question
    Tax-Exempt Income at the Corporate Level Flows Through as Exempt
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Tax-Exempt Income at the Corporate Level Flows Through as Exempt

Question 103

Question 103

True/False

Tax-exempt income at the corporate level flows through as exempt income to S shareholders.

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