The Model Law Relating to the Assignment of Income Among

question 137

Multiple Choice

The model law relating to the assignment of income among the states for corporations is:

• A) Public Law 86-272.
• B) The Multistate Tax Treaty.
• C) The Multistate Tax Commission (MTC).
• D) The Uniform Division of Income for Tax Purposes Act (UDITPA).

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Definitions:

Colored Part

The iris of the eye, which contains pigmentation that determines eye color.

Eye

An organ of vision that detects light and converts it into electro-chemical impulses in neurons.

Pupil

The opening in the center of the iris of the eye that allows light to strike the retina.

Dim Room

A dim room is a space where the lighting is intentionally kept low, either for ambiance, to reduce energy consumption, or to facilitate certain activities or experiments.