wofracing4778 wofracing4778
  • 26-01-2018
  • Business
contestada

The earnings of an investor-owned corporation can be subject to double taxation.
a. True
b. False

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W0lf93
W0lf93 W0lf93
  • 07-02-2018
This is true. One of the biggest disadvantages of corporations is the fact that they are subject to double taxation. Double taxation is when a company or person declares a taxable income, transaction or asset and then two or more jurisdictions then tax that income.
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