5) Tennis Pro, a Virginia Corporation domiciled in Virginia, has the following items of income:...
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5) Tennis Pro, a Virginia Corporation domiciled in Virginia, has the following items of income: S 5,000 of dividend income, $15,000 of interest income, $10,000 of rental income from Georgia property, $30,000 of royalty income for an intangible used in Maryland (where nexus exists). Determine how much income is allocated to Virginia
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