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Earnings of C Conventional)corporations Can Be

Question 29

Multiple Choice

Earnings of C conventional) corporations can be:


A) Taxed twice if they are distributed as dividends to stockholders.
B) Taxed at twice the going rate of a partnership or sole proprietorship.
C) Taxed by the federal government,but they are exempt from state taxes if the corporation owns any facilities within that state.
D) Taxed the same as a partnership.

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