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Which of the Following Entities Directly Bear the Burden of Income

Question 62

Multiple Choice

Which of the following entities directly bear the burden of income taxes?
I.Limited Liability Company
II.Corporations
III.Partnerships


A) Only statement I is correct.
B) Only statement II is correct.
C) Statements I and II are correct.
D) Statements I, II, and III are correct.

Correct Answer:

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