Company D,which has its home office in Raleigh,North Carolina,conducts business in the United States,Canada,and Mexico.Which of the following statements is true?
A) Because Company D must pay income tax to North Carolina,it is not required to pay tax to any other state.
B) Because Company D must pay income tax to North Carolina,it is not required to pay federal income tax.
C) Because Company D must pay income tax to the United States,it is not required to pay tax to Canada or Mexico.
D) None of the above is true.
Correct Answer:
Verified
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