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Which of the Following Business Entity Forms Are Subject to Single

Question 116

Essay

Which of the following business entity forms are subject to single taxation on the profits and which are subject to double taxation?
a. Sole proprietorship.
b. General partnership.
c. Limited partnership.
d. C corporation.
e. S corporation.
f. LLC.

Correct Answer:

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a., b., c., d., e., and f.
The sole prop...

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