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72. What is double taxation? a. It is when two separate tax-(Answered)

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Question

?? 72.?? What is double taxation?

a.

It is when two separate tax authorities tax the same corporation.

b.

It is a situation that only affects sole proprietorships.

c.

It occurs when the business owner pays himself or herself a salary.

d.

It occurs when earnings are taxed once at the corporate level and then taxed a second time as personal income.

 

Paper#9210002 | Written in 27-Jul-2016

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