Match the following statements.
-Technique for minimizing double taxation
A)Usually subject to single taxation even if the entity is incorporated.
B)Not making distributions to shareholders.
C)Rate for a corporate taxpayer is 21%.
D)Subject to double taxation.
E)Eligible for special allocations.

Question

Quizplus · Accepted Answer

Not making distributions to shareholders can minimize double taxation because retained earnings are not taxed at the shareholder level.

Match the Following Statements