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bogdanovich [222]
3 years ago
9

Suppose that Hickory Manufacturing, Inc., a corporation headquartered in North Carolina, believes that it is entitled to a $24,7

00 federal tax refund, and that the Internal Revenue Service (IRS) has wrongfully refused to issue the refund. If Hickory Manufacturing elects to sue the United States (the IRS is a federal administrative agency) to recover the refund, it must pursue the matter:__________
a. in federal court, since the United States is a party to the litigation.
b. in North Carolina state court, since the company is headquartered in North Carolina.
c. through binding arbitration, non-binding arbitration, or mediation, since the United States has governmental immunity in the court system (although it does allow claims against the federal government to be pursued via alternate dispute resolution).
d. in United States Tax Court, since the dispute involves a tax matter.
Business
1 answer:
iragen [17]3 years ago
6 0

Answer: in a federal court, since the United States is a party to the litigation.

Explanation:

Based on the scenario in the question, in case Hickory Manufacturing elects to sue the United States in order to get back the $24700 federal tax refund which wasn't given to the company, it must be done in a federal court because the the IRS is a federal administrative agency and hence, the matter can't be pursued in the North Carolina state court.

Therefore, the correct option is A "in a federal court, since the United States is a party to the litigation".

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Active monetary policy

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Explanation:

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Hope's gross income = $5000 + $10,000 = $15,000

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First, we need to highlight what are qualified education expenses especially for tax-free fellowships and scholarships.

Specifically, the qualified expenses that will be tax exempt will be

The tuition and fees which are requirements to go to an eligible school or institution

Other course related expenses required for courses in such institutions such as books equipment and supplies are also tax exempt.

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