Which of the Following Taxes Are Included in the Total

question 101

Multiple Choice

Which of the following taxes are included in the total income tax liability of a corporation reported on its Federal tax return?

• A)Federal income taxes.
• B)Foreign income taxes.
• C)State income taxes.
• D)All the above taxes are included.

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Definitions:

Pretax Income

Income of a company before taxes are deducted; also known as earnings before tax.