Question: 15. When does the double taxation problem faced by corporations exist? a. Whenever a corporation earns a profit, pays taxes on that profit, and then

 15. When does the double taxation problem faced by corporations exist?

15. When does the double taxation problem faced by corporations exist? a. Whenever a corporation earns a profit, pays taxes on that profit, and then pays interest to its bondholders who are taxed. b. Whenever a corporation earns a profit, pays taxes on that profit, and then pays dividends to its stockholders who are taxed. c. Whenever a corporation eams a profit and pays taxes on that profit d. Whenever a corporation earns a profit, pays taxes on that profit, and then pays dividends to its shareholders who are not taxed

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