A major goal of integration is to ensure that, if an individual has a given income source, he will retain the same after tax amount of cash from that source, without regard to whether he receives the income directly or, alternatively, the income is routed through a corpora- tion prior to his ultimate receipt of the after tax amount.

Question

Quizplus · Accepted Answer

This statement accurately reflects one of the goals of integration, which is to ensure that taxpayers are not disadvantaged by receiving income through a corporation instead of directly. By using integration, the tax system attempts to provide equal treatment for all taxpayers regardless of the form in which they receive their income.

A Major Goal of Integration Is to Ensure That, If