IDONTWANNA37511 IDONTWANNA37511

13-01-2020
Business

contestada

Double taxation is a disadvantage of a corporation because the corporation has to pay income taxes at twice the rate applied to partnerships.
True / False

Respuesta :

DeniceSandidge DeniceSandidge

14-01-2020

Answer:

given statement is false

Explanation:

solution

the given statement is false because here Double Taxation meaning that income are taxed in the hand of corporation and then in the hand of shareholders

when dividends is distributed that does not meaning that the corporation pay double the tax of partnerships

so we can say given statement is false

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