Corporations Are Allowed a Deduction for Charitable Contributions, Limited to 10

question 32

True/False

Corporations are allowed a deduction for charitable contributions, limited to 10 percent of taxable income before the deduction.

---

Definitions:

Passing

The ability of an individual to be regarded as a member of an identity group or category different from their own, which can include racial identity, gender, or social class.

Jewish Man

An individual who identifies with or is part of the Jewish faith, culture, or ethnic group.

Arab Identity

The sense of self and communal belonging that defines the people of Arab countries, encompassing language, culture, and history.

Stigmatized

Describing individuals or groups that are unfairly discredited or devalued by society, based on characteristics that distinguish them from societal norms.