Which of the following is not immune from state income taxation,even if P.L.86-272 is in effect?
A) Sale of a share of corporate stock.
B) Sale of office equipment that constitutes inventory to the purchaser.
C) Sale of office equipment to be used in the taxpayer's business.
D) All of the above are protected by P.L.86-272 immunity provisions.
Correct Answer:
Verified
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