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dalvyx [7]
3 years ago
15

New Hampshire adopted a tax law that in effect taxed the income of nonresidents working in New Hampshire only. Austin, a nonresi

dent who worked in New Hampshire, claimed that the tax law was invalid. Was he correct
Business
1 answer:
Kryger [21]3 years ago
4 0

Answer:

He was correct. It violates equal protection, as this only applies to non-residents.

Explanation:

From the question we are informed about New Hampshire which adopted a tax law that in effect taxed the income of nonresidents working in New Hampshire only. Austin, a nonresident who worked in New Hampshire, claimed that the tax law was invalid. In this case, He was correct since It violates equal protection, as this only applies to non-residents. Income Tax Act can be regarded as an act that governs tax charged which applies to income of individuals, body of individuals as well as famies. The Section 1 of this Act state that tax is an obligation that needed to be fulfilled to State Inland Revenue Service in as much the the individual resides there.

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Answer:

C) $22,727.

Explanation:

to calculate the 2019 layer, I will first determine the value of the 2019 inventory using LIFO:

(2018 inventory / 2018 price index) + (2019 inventory - 2018 inventory) = ($300,000 / 1.1) + ($350,000 - $300,000) = $272,727 + $50,000 = $322,727

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3 years ago
Penny Smooth, a U.S. trade negotiator, is using which conflict resolution technique if she makes the following statement to the
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E) Superordinate goals

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Muddy’s Bakery and Lilly’s Sweetshop both sell cupcakes. The market price of one chocolate cupcake is $2.50. Muddy’s is willing
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