How is the calculation of taxable income for an individual different from the calculation of a corporation's taxable income?
How is the calculation of taxable income for an individual different from the calculation of a corporation's taxable income?
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The main difference is in the classification of deductions. Because a corporation is deemed to be i…View the full answer
Related Book For 
Concepts In Federal Taxation
19th Edition
Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher
ISBN: 9780324379556