If individual taxpayers are the shareholders of PST Corporation and PST corporation is a shareholder of MNO Corporation, how many levels of tax is MNO's pre-tax incomepotentially exposed to?
A) Triple taxation.
B) Single taxation.
C) No taxation.
D) Double taxation.

Question

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The Answer of If individual taxpayers are the shareholders of PST Corporation and PST corporation is a shareholder of MNO Corporation, how many levels of tax is MNO's pre-tax incomepotentially exposed to?
A) Triple taxation.
B) Single taxation.
C) No taxation.
D) Double taxation.

If Individual Taxpayers Are the Shareholders of PST Corporation and PST