6-Which of the following statements most accurately describes the concept of nexus? Multiple Choice ...
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Accounting
6-Which of the following statements most accurately describes the concept of nexus?
Multiple Choice
Nexus is a connection between a company and a state that is sufficient for the state to tax the company.
Nexus is the ability of a state to impose higher taxes on companies doing business in that state but which are headquartered in another state.
Nexus is the ability of a company to do business in a state.
Nexus is the need to allocate income between multiple taxing jurisdictions.
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