Which of the Following Taxes Paid by Woodhaven Inc

question 79

Multiple Choice

Which of the following taxes paid by Woodhaven Inc.can be deducted during 2013?
I.Special real estate tax assessment for upgrading the sewer.
II.State income taxes paid in 2013 when filing Woodhaven's 2012 corporate return tax return.

• A)Only statement I is correct.
• B)Only statement II is correct.
• C)Both statements are correct.
• D)Neither statement is correct.

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