Which of the following is not a tax credit allowed a corporation?
A)Foreign tax credit
B)Education credit
C)Investment tax credit
D)Orphan drug credit

Question

Quizplus · Accepted Answer

Education credit is a tax credit that is only available to individuals, not corporations. The other options (foreign tax credit, investment tax credit, and orphan drug credit) are all tax credits allowed for corporations under certain circumstances.

Which of the Following Is Not a Tax Credit Allowed