Mackenzie Cater

$\frac{05}{06}\frac{?}{25}$

$28$ of $34$

This test: $100$ point$($s$)$ possible

This question: $1$ point$($s$)$ possible

Double taxation means that the:

A$.$ corporation's income tax is allocated to the shareholders based on ownership percentage.

B$.$ corporate earnings are subject to state and federal income tax.

C$.$ corporation pays taxes on its earnings and the shareholders pay taxes on the dividends received from the

$$ D$.$ shareholders' dividends are taxed at the corporate tax rate.