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  3. Study Set
    Essentials of Accounting Study Set 3
  4. Exam
    Exam 13: Auditing, Tax-exempt Organizations, and Evaluating Performance
  5. Question
    Are Required to Pay Tax at the Corporate Rate on the Income
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Are Required to Pay Tax at the Corporate Rate on the Income

Question 131

Question 131

True/False

are required to pay tax at the corporate rate on the income generated from any trade or business activities unrelated to the entity's tax-exempt purposes.

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