Which of the following are taxed?
A)Both corporate profits and dividends shareholders receive
B)Corporate profits but not dividends shareholders receive
C)Dividends shareholders receive but not corporate profits
D)Neither corporate profits nor dividends shareholders receive

Question

Quizplus · Accepted Answer

Both corporate profits and dividends shareholders receive are taxed. Corporate profits are taxed at the corporate level, and then dividends distributed to shareholders are taxed again at the individual level, a concept known as double taxation.

Which of the Following Are Taxed