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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 4: Organization and Operation of Corporations
  5. Question
    The Income of a Corporation Is Taxed Twice,first as Corporate
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The Income of a Corporation Is Taxed Twice,first as Corporate

Question 14

Question 14

True/False

The income of a corporation is taxed twice,first as corporate income and then as personal income to shareholders who receive cash dividends.

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