Which of the following is true regarding André's assertion regarding taxes?
A)André is correct but only because his proposal does not involve a writing and the filing of paperwork with the secretary of their state.
B)André is incorrect but only because the law involving taxation of corporations does not apply until there are at least 75 shareholders.
C)André is correct insofar as the corporation would be required to pay taxes on its profits,and the shareholders would also be required to pay taxes on dividends.
D)André is incorrect because all businesses are taxed in the same manner.
E)André is incorrect but only because the law involving taxation of corporations does not apply until there are at least 10 shareholders.

Question

Quizplus · Accepted Answer

A)The corporation must pay taxes on its profits,and its shareholders must pay taxes on the dividends distributions of those profits)they receive from it.
B)The corporation must pay taxes on its profits,and its shareholders must pay taxes on the dividends distributions of those profits)they receive from it.
C)The corporation must pay taxes on its profits,and its shareholders must pay taxes on the dividends distributions of those profits)they receive from it.
D)The corporation must pay taxes on its profits,and its shareholders must pay taxes on the dividends distributions of those profits)they receive from it.
E)The corporation must pay taxes on its profits,and its shareholders must pay taxes on the dividends distributions of those profits)they receive from it.

Which of the Following Is True Regarding André's Assertion Regarding