A Corporation Is Said to Have Double Taxation

question 83

Multiple Choice

A corporation is said to have double taxation.What is meant by this statement?

• A)The corporation pays double the tax rate of individuals.
• B)The corporation pays taxes on its income and its shareholders pay taxes on their dividends from the corporation.
• C)both a and b
• D)none of the above

Understand the importance and scope of secondary information sources.

Learn the rules for citation, including what does not require citation.

Distinguish between Internet search engines and online databases.

Understand the roles and types of questions in surveys and research.

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Definitions:

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, characterized by the transition from manual production methods to machine-based manufacturing processes.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, marked by a shift from manual and artisanal work to mechanized manufacturing processes.

Pre-industrial Societies

Societies characterized by economies based on agriculture, fishing, and hunting, with limited technology and industrial development.

Real GDP

GDP corrected for inflation; actual production.