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Explain the income tax treatment of the interest accounts

Explain the income tax treatment of the interest accounts

CONCEPTS IN FED.TAX.,2020-W/ACCESS
CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter13: Choice Of Business Entity—general Tax And Nontax Factors/formation
Section: Chapter Questions
Problem 15DQ
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Explain the income tax treatment of the interest accounts. 

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