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    Exam 5: Choosing a Form of Ownership
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    "Double Taxation" Refers to the Fact That the Corporation Itself
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"Double Taxation" Refers to the Fact That the Corporation Itself

Question 18

Question 18

True/False

"Double taxation" refers to the fact that the corporation itself must pay taxes on its net profits,and the stockholders must also pay taxes on the portion of those same profits distributed to them as dividends.

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