Corporations May Deduct Without Limitation Any Amount of Charitable Contributions

question 67

True/False

Corporations may deduct without limitation any amount of charitable contributions providing the amounts are paid to qualified organizations.

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Definitions:

False Reporting

The act of providing incorrect or misleading information intentionally.

Pretend

To act as if something is true when it is not, often to entertain or practice.

Retrieving

The process of getting information out of memory storage and back into conscious awareness.

Videotape

A magnetic tape used for recording and playing back visual and auditory information.