The Supreme Court has held that states may: a. never tax the ...

[TVarnum]

The Supreme Court has held that states may:
 a. never tax the income of businesses
  b. tax the income of businesses so long as they are constitutionally rational
  c. tax all income of businesses only if the business is headquartered in the state
  d. tax the income of businesses so long as the burden of the state tax is apportioned fairly
  e. tax the income of businesses that do more that 5 million (net) worth of business in-state

Question 2

States may constitutionally impose a special tax:
 a. on persons only passing through the state for business purposes
  b. that only applies to foreign corporations doing business in the state c. that taxes interstate business more heavily than intrastate business d. on non-state residents who visit the state
  e. none of the other choices

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Answer to Question 1

d

Answer to Question 2

e

[TVarnum]

Excellent

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TYSM