Multiple Choice
Double taxation means that both
A) wage income and interest income are taxed, which is currently the case in the United States.
B) wage income and interest income are taxed, which is not currently the case in the United States.
C) the profits of corporations and the dividends shareholders receive are taxed, which is currently the case in the United States.
D) the profits of corporations and the dividends shareholders receive are taxed, which is not currently the case in the United States.
Correct Answer:
Verified
Correct Answer:
Verified
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