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    Exam 6: Deductions and Losses: in General
  5. Question
    Generally, a Closely Held Family Corporation Is Not Permitted to Take
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Generally, a Closely Held Family Corporation Is Not Permitted to Take

Question 78

Question 78

True/False

Generally, a closely held family corporation is not permitted to take a deduction for a salary paid to a family member in calculating corporate taxable income.

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