Advanced Placement (AP), 20.09.2021 22:00 madisonwaton07
.Which one of the following statements best characterizes double taxation?
a. The sole proprietor has to pay sales taxes and income taxes.
b. The government taxes the corporations' gross earnings first; it then taxes the dividends as they become personal income. C. The profit of corporation is taxed by both state and federal government.
d. Double taxation does not apply in the United States because of its fair system of taxation.
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.Which one of the following statements best characterizes double taxation?
a. The sole proprietor...
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