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Business, 10.03.2020 01:12 priscillavaladez1112

Ralph borrowed $4 million and used the proceeds in his Internet business. The interest on this debt is not subject to an interest limitation if Ralph's business has average annual gross receipts of $26 million or less for the prior three taxable years. a. trueb. false

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Ralph borrowed $4 million and used the proceeds in his Internet business. The interest on this debt...
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