Which of the following is true of the taxation of a C corporation? Multiple Choice...
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Which of the following is true of the taxation of a C corporation? Multiple Choice In a C corporation, shareholders pay tax on the corporation's earnings as well as their individual dividends. A C corporation is not considered separate from its owners for income tax purposes. In a C corporation, both the entity and the shareholders pay tax through a system of double taxation. A C corporation is not a taxable entity.
Which of the following is true of the taxation of a C corporation?
Multiple Choice
In a C corporation, shareholders pay tax on the corporation's earnings as well as their individual dividends.
A C corporation is not considered separate from its owners for income tax purposes.
In a C corporation, both the entity and the shareholders pay tax through a system of double taxation.
A C corporation is not a taxable entity.
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