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The Earnings of Corporations Are Taxed

Question 170

Multiple Choice

The earnings of corporations are taxed:


A) as income to the corporation,then again as income to the stockholders on earnings that are distributed as dividends.
B) at twice the going rate of a partnership or proprietorship.
C) by the federal government,but they are exempt from provincial taxes if the corporation owns any facilities within that province.
D) as if the business were a partnership.

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