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Which of the following statements is not true of balancing a chemical equation?
Income Tax Rate
The proportion of income that is subject to taxation for a person or a company.
Consolidated Income Tax Return
A single income tax return filed for a group of related corporations, consolidating their tax liabilities.
Ownership
The state or fact of legal possession and control over property, which includes the rights to use, sell, or lease it.
Deferred Income Tax Asset
A tax asset that reflects a company's ability to reduce future tax liability due to deductible temporary differences.
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