Business, 17.07.2020 21:01 ronnie7898

Which of the following statements is most correct? A. Corporations are allowed to exclude 70% of their interest income from corporate taxes.
B. Corporations are allowed to exclude 70% of their dividend income from corporate taxes.
C. Individuals pay taxes on only 30% of the income realized from municipal bonds.
D. Individuals are allowed to exclude 70% of their interest income from their taxes.
E. Individuals are allowed to exclude 70% of their dividend income from their taxes

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Which of the following statements is most correct? A. Corporations are allowed to exclude 70% of th...

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