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Commerce · Q269

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 269

Q269

In exemption method:

A.
income is taxed in country of source and country of source and country of residence and deduction is provided in other country
B.
income is taxed in one country and exempt from tax in the other country
Answer
C.
Both A and B
D.
None of the above

Answer: Option B

Solution

Answer: Option B
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