The practice generally known as double taxation is due to


Asked by admin @ in Accountancy viewed by 564 People


The practice generally known as double taxation is due to

Answered by admin @



Answer:

Explanation:

A. shareholders' dividends being taxed at both the federal and state levels.

.B. corporate income being taxed at both the federal and state levels.

C. both A and B above.

D.corporate incomes being taxed at the corporate level, then again at the shareholder level when corporate profits are paid out as dividends


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