Question $1(1$ point$)$

All corporations are subject to the filing and reporting requirements of the Corporate Transparency Act.

True

False

Question $2(1$ point$)$

A corporation that is formed in one state but does business in other states as well is subject to regulation in all of those states.

True

False

Question $3(1$ point$)$

Corporations pay tax according to various brackets, with corporations earning more money paying taxes at a higher rate than corporations earning less money.