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Rement Corporation Is Incorporated Under the Laws of New Jersey

Question 82

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Rement Corporation is incorporated under the laws of New Jersey.Rement maintains a sales agent in New York City,who makes contracts in New York City.Can New York impose an income tax on Rement's profits from its New York sales at the same rate it taxes income from domestic New York corporations?

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Yes.A state law regulating the activitie...

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