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:

Death Rate

A measure often expressed as the number of deaths per 1,000 individuals per year, used to gauge the mortality level of a population.

Post Hoc

The fallacy of using the fact that one event preceded another as sufficient evidence for the conclusion that the first caused the second.

Fallacy

An incorrect reasoning technique that spoils the legitimacy of an argument.

Chewing Gum

A soft, cohesive substance designed to be chewed without being swallowed, often used to freshen breath or for enjoyment.