Multiple Choice
"Double taxation" means:
A) A corporation must pay double the amount of tax that an unincorporated business pays.
B) A corporation pays taxes to the federal government and to the state government.
C) The corporation pays tax on its income and the stockholders pay tax on their dividends.
D) The corporation pays tax on its income and the officers of the corporation pay tax on their salaries.
Correct Answer:

Verified
Correct Answer:
Verified
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