Double Taxation on Profits Is

question 268

Multiple Choice

Double taxation on profits is:

• A) a disadvantage to the corporate form of organization
• B) an advantage to the corporate form of organization
• C) an incentive for governments to lower sales taxes for corporations
• D) a driving force behind the trend of businesses moving overseas
• E) a clever economic strategy

---

Definitions:

Diversity Competency

The ability to understand, respect, and effectively interact with individuals from various cultural, racial, age, gender, and other demographic backgrounds.

Personal Attributes

Qualities or features inherent to an individual that define their personality and behavior.

KSA

Knowledge, Skills, and Abilities; refers to the set of competencies required to perform successfully in a given role.

Knowledge

The awareness or understanding of information, facts, skills, or subjects obtained through experience or education.