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  3. Study Set
    Taxation of Business Entities
  4. Exam
    Exam 12: State and Local Taxes
  5. Question
    A State's Apportionment Formula Divides Nonbusiness Income Among the States
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A State's Apportionment Formula Divides Nonbusiness Income Among the States

Question 75

Question 75

True/False

A state's apportionment formula divides nonbusiness income among the states where nexus exists.

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