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Which of the Following Business Entity Forms Are Subject to Single

question 75

Essay

Which of the following business entity forms are subject to single taxation on the profits and which are subject to double taxation?
a.Sole proprietorship.
b.Partnership.
c.C corporation.
d.S corporation.
e.LLC.


Definitions:

Amino Acids

Organic compounds that combine to form proteins, serving as building blocks for life.

Receptors

Specialized cells or proteins on cell surfaces or within cells that bind to specific substances, triggering a cellular response.

Exophthalmos

Bulging of the eyeballs, often related to hyperthyroidism.

Graves' Disease

Graves' Disease is an autoimmune disorder that leads to overactivity of the thyroid gland, causing hyperthyroidism.

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