The form of business organisation that experiences double taxation is the
A) partnership.
B) corporation.
C) venture company.
D) syndicated partnership.
E) sole trader.

Question

Quizplus · Accepted Answer

Corporations are subject to double taxation, meaning the corporation pays taxes on its profits and then shareholders also pay taxes when they receive dividends or sell their shares. Other forms of business organization, such as partnerships and sole traders, are not subject to double taxation.

The Form of Business Organisation That Experiences Double Taxation Is