Accrual-method corporations cannot deduct charitable contributions until they actually make payment to the charity.
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Q22: Net capital loss carryovers are deductible againstnet
Q23: The dividends received deduction cannot create a
Q24: Corporations are not allowed to deduct charitable
Q25: A C corporation reports its taxable income
Q26: Corporations are not allowed to deduct charitable
Q28: The dividends received deduction is subject to
Q29: Taxable income ofall C corporations is subject
Q30: Calendar-year C corporations that request an extension
Q31: NOL and capital loss carryovers are deductible
Q32: The rules for consolidated reporting for financial
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