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Author Question: Changes in the federal tax structure have a significant effect on state income tax collections ... (Read 12 times)

P68T

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on: Jul 1, 2018
Changes in the federal tax structure have a significant effect on state income tax collections because most states base their tax structure on the federal tax structure.
 
  a. True b. False

Question 2

Only corporations benefit from limited liability.
 
  Indicate whether the statement is true or false


Heffejeff

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

True . Individuals in sole proprietorships and partnerships are personally responsible for debt.


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