_____ 5. The type and degree of connection between a business and a state necessary for a state to impose a tax is referred to as nexus.

Name: _____ 5. The type and degree of connection between a business and a state necessary for a state to impose a tax is referred to as nexus.
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Question

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This statement is true. Nexus refers to the minimum level of contact between a business and a state that allows the state to impose a tax on the business.

_____ 5 the Type and Degree of Connection Between a Business