In an S Corporation,shareholders

question 46

Multiple Choice

In an S corporation,shareholders

• A)are taxed on their proportionate share of earnings.
• B)are taxed only on dividends.
• C)may allocate income among themselves in order to consider special contributions.
• D)are only taxed on salaries.

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Definitions:

Permanent Campaign

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Invisible Primary

The early phase in a presidential election cycle where candidates seek to gain support from influential party members and donors before the first primary elections.

Name Recognition

The extent to which the public is able to identify a person, brand, or company simply from their name, often used in marketing and political campaigns.