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Which of the Following Is Deductible as a Trade or Business

Question 34

Multiple Choice

Which of the following is deductible as a trade or business expense?


A) A city coroner contributes to the mayor's reelection campaign fund.
B) Illegal bribes and kickbacks.
C) Two-thirds of treble damage payments.
D) Fines and penalties.
E) None of the above.

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