With regards to the taxation year, which of the following situations is correct? a An individual taxpayer's taxation year ends on April 30th. b. A corporation's taxation is its fiscal period not exceeding 52 weeks. c. Corporations must use December 31st as the taxation year end. d. Taxation year ends must be considered for tax planning within business structures

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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With regards to the taxation year, which of the following situations is correct? a An individual taxpayer's taxation year ends on April 30th. b. A corporation's taxation is its fiscal period not exceeding 52 weeks. c. Corporations must use December 31st as the taxation year end. d. Taxation year ends must be considered for tax planning within business structures.

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