Assuming Requirements Are Met,which of the Following,if Any,is a Way

question 64

Multiple Choice

Assuming requirements are met,which of the following,if any,is a way that a corporation can avoid double taxation?

• A) By forming a C corporation.
• B) By forming a D corporation.
• C) By forming an S corporation.
• D) By forming an F corporation.
• E) A corporation cannot avoid double taxation.

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Definitions:

Probate Court

A specialized judicial body that handles matters pertaining to wills, estates, and the distribution of a deceased person's assets.

Deceased Person's Estate

All the assets and liabilities left by an individual after death, which are subject to management and distribution.

District Courts

Lower federal courts where most federal legal cases begin, handling a broad range of civil and criminal cases.

Federal Court System

The network of courts established by the federal government of a country, dealing with issues that pertain to national laws and constitution.