What Is the Major Pitfall Associated with Attempting to Reduce

question 99

Essay

What is the major pitfall associated with attempting to reduce and/or avoid double taxation by a corporation not making distributions to shareholders?

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Definitions:

Ingestion

The intake of food or other substances into the body through the mouth, the first step in digestion.

Sunburn

Skin damage caused by excessive exposure to ultraviolet rays, leading to redness and pain.

Sunbathing

The act of sitting or lying in the sun for the purpose of getting a tan or for relaxation.

Inhaled Poison

A toxic substance that is breathed into the lungs, potentially causing harm or injury to the body.