A corporation,as well as a partnership,must file a corporate income tax return and pay tax on its earnings.

Name: A corporation,as well as a partnership,must file a corporate income tax return and pay tax on its earnings.
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A corporation must file a corporate income tax return and pay taxes on its earnings, but a partnership typically does not pay income tax at the entity level. Instead, the income is passed through to the partners, who report it on their personal tax returns.

A Corporation,as Well as a Partnership,must File a Corporate Income