Corporate profits are
A)included in payroll taxes.
B)exempt from taxes.
C)taxed twice,once as profit and once as dividends.
D)taxed to pay for Medicare.

Name: Corporate profits are A)included in payroll taxes. B)exempt from taxes. C)taxed twice,once as profit and once as dividends. D)taxed to pay for Medicare.
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Question

Quizplus · Accepted Answer

Corporate profits are taxed at the corporate level and then again at the individual level when distributed as dividends to shareholders.

Corporate Profits Are