Which of the Following Is Incorrect Regarding Nondomiciliary Businesses

question 121

Multiple Choice

Which of the following is incorrect regarding nondomiciliary businesses?

• A)Subject to tax only where income tax nexus exists.
• B)A business cannot be nondomiciliary where it is headquartered.
• C)A business can be nondomiciliary in only one jurisdiction.
• D)Subject to tax only where a sufficient connection exists.

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Definitions:

Classically Conditioned

A learning process where a neutral stimulus becomes associated with a meaningful stimulus, causing an automatic response.

First Day

Often refers to the beginning or the initial phase of an event, activity, or period in time, such as the start of school or a job.

Prospective Memory

Remembering to perform a planned action or recall a planned intention at some future point in time.

Cognitive Resources

The mental capacity and abilities available to an individual for thinking, reasoning, and problem-solving.