Which of These Entities Is Taxed Directly on Its Income

question 87

Multiple Choice

Which of these entities is taxed directly on its income?

• A)Limited Liability Company
• B)C Corporation
• C)Partnership
• D)Sole Proprietorship

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Definitions:

Canadian Exports

Canadian exports refer to goods or services that are produced in Canada and sold to buyers in other countries.

Cultural Sensitivity

Awareness and understanding of the cultural differences and similarities within and between groups.

Cyberspace

A digital environment where communication over computer networks occurs.

Employee Benefits

Compensation provided to employees beyond wages, including health insurance, retirement plans, and paid time off.