Which of the Following Is Incorrect Regarding Nondomiciliary Businesses

question 115

Multiple Choice

Which of the following is incorrect regarding nondomiciliary businesses?

• A) Subject to tax only where nexus exists.
• B) A business cannot be nondomiciliary where 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:

Mitosis

The form of cell division in which each chromosome splits lengthwise to double in number. Half of each chromosome combines with chemicals to retake its original form and then moves to the new cell.

Sperm

Male reproductive cells that carry a man's DNA and are necessary for the fertilization of a female's egg.

Ova

The female reproductive cells, or eggs, that when fertilized by male sperm can develop into an embryo.

Sebaceous Glands

Small oil-producing glands located in the skin of mammals that secrete sebum, which lubricates and waterproofs the skin and hair.