McGraw-Hill's Taxation of Business Entities 3rd Edition by Connie Weaver, Brian Spilker, Edmund Outslay, John Robinson, Ronald Worsham, Benjamin Ayers, John Barrick

Exercise 10

Is it possible for the overall or double-tax rate on corporate income for corporations to be lower than the tax rate on flow-through entity taxable income If so, under what conditions would you expect the overall corporate tax rate to be lower