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In most states, a limited liability company (LLC) is subject to the state income tax:...

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Question

Accounting

In most states, a limited liability company (LLC) is subject to the state income tax:

a.

As though it were a C corporation.
b.

As though it were a unitary business.
c.

LLCs typically are exempted from state income taxation.
d.

As a flow-through entity, similar to its Federal income tax treatment.

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