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With Regards to the Taxation Year, Which of the Following

Question 6

Multiple Choice

With regards to the taxation year, which of the following situations is correct?


A) An individual taxpayer's taxation year ends on April 30th.
B) A corporation's taxation year is its fiscal period not exceeding 52 weeks.
C) Corporations must use December 31st as the taxation year end.
D) Taxation year ends must be considered for tax planning purposes within business structures.

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