In some corporations,only the shareholders are taxed;in others,both the corporation as an entity is taxed and the shareholders are taxed as well.

Question

Quizplus · Accepted Answer

This statement is true. The taxation of corporations and their shareholders depends on the laws and regulations of each country, but in some cases only the shareholders are taxed on their dividends, while in other cases both the corporation and its shareholders are taxed.

In Some Corporations,only the Shareholders Are Taxed;in Others,both the Corporation