[Solved] Corporation Tax: [IAS 1995]

Q.	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» B. is levied by the Union and belongs to it exclusively

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