Corporations have been scrutinized as to the recording and valuation of taxes they owe. The determination of how much they will pay is a combination income and expenses they report. There are many tax rules and regulations that are part of the IRS Tax code that apply to tax reporting of corporations. Please select a specific IRS tax code rule and present this to the class. In your presentation describe what is being measured, the intent of the rule and how the rule came to be.
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Please make this 1-2 paragraphs and make it in APA format.
Please include a reference page and site sources within the paper.