Earnings of C corporations can be.... taxed at twice the going rate of a partnership or sole
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Question:
Earnings of C corporations can be....
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taxed at twice the going rate of a partnership or sole proprietorship.
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taxed the same as a partnership.
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taxed twice if they are distributed as dividends to stockholders.
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taxed by the federal government, but they are exempt from state taxes if the corporation owns any facilities within that state.
Related Book For
Federal Taxation 2017 Individuals
ISBN: 9780134420868
30th Edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
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