Earnings of C Conventional)corporations Can Be

question 29

Multiple Choice

Earnings of C conventional) corporations can be:

• A)Taxed twice if they are distributed as dividends to stockholders.
• B)Taxed at twice the going rate of a partnership or sole proprietorship.
• C)Taxed by the federal government,but they are exempt from state taxes if the corporation owns any facilities within that state.
• D)Taxed the same as a partnership.