Which of the Following Is True Regarding André's Assertion Regarding

question 36

Multiple Choice

Which of the following is true regarding André's assertion regarding taxes?

• A)André is correct but only because his proposal does not involve a writing and the filing of paperwork with the secretary of their state.
• B)André is incorrect but only because the law involving taxation of corporations does not apply until there are at least 75 shareholders.
• C)André is correct insofar as the corporation would be required to pay taxes on its profits,and the shareholders would also be required to pay taxes on dividends.
• D)André is incorrect because all businesses are taxed in the same manner.
• E)André is incorrect but only because the law involving taxation of corporations does not apply until there are at least 10 shareholders.