Question: Back Assess whether the foilowing statement is tive or false: The calculation of taxable income includes all gains and losses from foreign exchange transactions. provided

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Assess whether the foilowing statement is tive or false:

The calculation of taxable income includes all gains and losses from foreign exchange transactions. provided they are realized and classified as either revenoe or capital in nature.

True

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Back Assess whether the foilowing statement is

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