Question: 7 ) ( 1 0 Points ) In class, we discussed the differences between the taxation of individuals and the taxation of a corporation. Please
Points In class, we discussed the differences between the taxation of individuals and the taxation of a corporation. Please tell me the differences as it pertains to:
A Deductibility of capital losses what is the rule for individuals and for corporations:
B What is the tax rate for individuals and for corporations on both ordinary income and capital gains:
C What about losses? When can we deduct ordinary losses for individuals, and what are the rules for corporations:
D Name at least two other differences between corporate tax and individual tax:
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