The perception of double taxation results from
A)taxation by both the federal and the provincial government.
B)taxation of dividends both personally and on profit at the corporate level.
C)taxation by the board of directors and employees.
D)GST and PST.

Question

Quizplus · Accepted Answer

Double taxation often refers to the taxation of dividends both personally and at the corporate level. This occurs when a corporation pays taxes on its profits, and then shareholders are taxed on any dividends they receive from those profits. It is perceived as double taxation because the same money is being taxed twice.

The Perception of Double Taxation Results from