Acc4305 110 exam1 - Study guides, Class notes & Summaries
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acc4305-110-exam1. Questions with dotted Answers
- Exam (elaborations) • 26 pages • 2023
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Which, if any, of the following statements best describes the history of the Federal 
income tax? 
It did not exist during the Civil War. 
The Federal income tax on corporations was held by the U.S. Supreme Court to be 
allowable under the U.S. Constitution. 
The Federal income tax on individuals was held by the U.S. Supreme Court to be 
allowable under the U.S. Constitution. 
Both the Federal income tax on individuals and on...
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