Question: S corporation is - - - - - - - - - - - - - - - - - - - - - -

S corporation is -------------------------------------------.
a corporation in which the owners taxed at the individual level only
a corporation in which the owners taxed at the corporate level only
a corporation in which the owners taxed at both the individual and corporate levels
a corporation that pays a lower tax rate if the business high standards of social and environmental performance and public transparency

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