Comparing corporate and individual taxation


When comparing corporate and individual taxation, the following statement is true:

a) Unlike individual taxpayer, corporate may not have a long-term capital loss carryforward.

b) Both types of taxpayers have percentage limitations on the charitable contribution deduction, coupled with a carryover of the excess contribution.

c) All taxpayers may carry net operating losses back two years, forward 20 years.

d) All of the above

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Business Management: Comparing corporate and individual taxation
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