Question: Code Sec. 703(a) provides that a partnership is not allowed a deduction for all of the following except: a. charitable contributions b. partnership expenses paid
Code Sec. 703(a) provides that a partnership is not allowed a deduction for all of the following except: a. charitable contributions b. partnership expenses paid by a partner and reimbursed by the partnership c. net operating loss carryovers d. taxes paid or accrued to foreign countries
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