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:

Cruel and Unusual Punishment

A legal judgment or condition of imprisonment deemed inhumane, excessive, or too severe.

Amendment

A formal change or addition made to a document, law, or piece of legislation.

Bill of Rights

The collective name for the first ten amendments to the United States Constitution, detailing the fundamental rights and protections guaranteed to American citizens.

State Interference

State interference involves actions by a state government that affect or hinder federal policies, operations, or laws.