Corporations Are Required to File a Tax Return Only If

question 52

Multiple Choice

Corporations are required to file a tax return only if their taxable income is greater than:

• A)$0.
• B)$1,000.
• C)$600.
• D)$750.
• E)None of the choices are correct. Corporations are always required to file a tax return.

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Definitions:

On Sale

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Demand Increase

A situation where the quantity of a good or service that consumers are willing and able to purchase at a given price level rises.