SJF Inc, Which Has Its Corporate Offices in Boise, Idaho, Conducts

question 64

Multiple Choice

SJF Inc., which has its corporate offices in Boise, Idaho, conducts business in Idaho, Oregon, California, and British Columbia, Canada. Which of the following statements is true?

• A) SJF must pay income tax only to Idaho and the United States.
• B) SJF may be required to pay income tax to Idaho, Oregon, California, British Columbia, the United States, and Canada.
• C) SJF must pay income tax only to Idaho, Oregon, California, and the United States.
• D) SJF may be required to pay income tax to either the United States or to Canada, but not to both.

---

Definitions:

Values and Principles

Are the fundamental beliefs and ethical guidelines that govern an individual's or organization's actions and decisions.

Honesty

The quality of being truthful, transparent, and free from deceit in one's actions and communications.

Ethics

The branch of philosophy dealing with morals, values, and principles that govern individual or group behavior.

Legal

Pertains to laws or the structure of rules that are enforced through social or governmental institutions to regulate conduct.