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Public Law 86-272 protects a taxpayer from which of the following taxes? Texas Margin Tax...

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Accounting

Public Law 86-272 protects a taxpayer from which of the following taxes?

Texas Margin Tax (a tax with net income, gross receipts, and capital worth components).

Washington Business and Occupation Tax (a gross receipts tax).

Ohio Commercial Activity Tax (an excise tax with a gross receipts base).

California Franchise Tax (a net income tax).

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