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Which one of the following is correct about corporation tax?

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Which one of the following is correct about corporation tax?

(A) It is tax which is levied by the local bodies

(B) It is a tax on the profit of companies

(C) It is an indirect tax

(D) It is a tax that is levied by Municipal Corporation
asked Aug 21 in GK/Education by GopalKrishan (1,220 points)

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