

MCQOPTIONS
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1. |
Corporation Tax: [IAS 1995] |
A. | is levied by the Union and collected and appropriated by the States |
B. | is levied by the Union and belongs to it exclusively |
C. | is levied and appropriated by the States |
D. | is levied by the Union and shared by the Union and the States |
Answer» C. is levied and appropriated by the States | |