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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 13: Comparative Forms of Doing Business
  5. Question
    Discuss the Tax Consequences to the Corporation and to the Shareholder/employee
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Discuss the Tax Consequences to the Corporation and to the Shareholder/employee

Question 31

Question 31

Essay

Discuss the tax consequences to the corporation and to the shareholder/employee of having part of the shareholder/employee's salary and bonus classified as being unreasonable.

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A corporation can deduct a reasonable sa...

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