A C corporation pays taxes at the corporate level and the shareholder level.

Name: A C corporation pays taxes at the corporate level and the shareholder level.
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A C corporation is a separate legal entity from its shareholders and is taxed on its profits at the corporate level. When the corporation distributes profits to its shareholders in the form of dividends, the shareholders must pay taxes on the dividends they receive, resulting in double taxation.

A C Corporation Pays Taxes at the Corporate Level and the Shareholder