Following are four income and expense items of Flor Inc.: dividend income (a 65% dividends-received deduction was

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Following are four "income and expense" items of Flor Inc.: dividend income (a 65\% dividends-received deduction was claimed); tax-exempt municipal bond interest income; NOL carryover; federal income taxes. In computing its current E\&P, what adjustments to taxable income would Flor Inc. make?

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CCH Federal Taxation 2019 Comprehensive Topics

ISBN: 9780808049081

2019 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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