Which of the following statements concerning the nexus required for a state to tax income is false?
A. A New York corporation can send traveling salespeople into Massachusetts to solicit orders for tangible goods without creating nexus in Massachusetts.
B. Maryland has nexus if the corporate headquarters is located in Baltimore.
C. Company-owned trucks driving through Arizona to deliver goods to customers residing in California creates nexus in Arizona.
D. Maine has nexus if a company has retail outlets located in Maine malls.
Answer: C
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Stevie recently received 1,000 shares of restricted stock from her employer, Nicks Corporation, when the share price was $8 per share. Stevie's restricted shares vested three years later when the market price was $11. Stevie held the shares for a little more than a year and sold them when the market price was $16. Assuming Stevie made a section 83(b) election, what is the amount of Stevie's ordinary income with respect to the restricted stock?
A. $5,000. B. $8,000. C. $11,000. D. $0.
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What will be an ideal response?
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A. soft drinks and water. B. soap and detergent. C. motor vehicles. D. sporting and athletic goods. E. perfumes and cosmetics.
Companies can enforce policies for ________
A) SSL/TLS B) IPsec security associations C) Both A and B D) Neither A nor B