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ACC 307 FEDERAL TAXATION
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ACC 307 FEDERAL TAXATION 
1.	The ratification of the Sixteenth Amendment to the U.S. Constitution was necessary to validate the Federal income tax on corporations. 
 
a.	True 
*b. False 
 
 
2.	Before the Sixteenth Amendment to the Constitution was ratified, the re was no valid Federal income tax on individuals. 
 
a.	True 
*b. False 
 
 
3.	The first income tax on individuals (after the ratification of the S ixteenth Amendment to the Constitution) levied tax rates from a low of 2% to a high of ...
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