States cannot impose separate income taxes on C corporations because the dividends paid to stockholders are taxed as personal income.

Name: States cannot impose separate income taxes on C corporations because the dividends paid to stockholders are taxed as personal income.
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States can impose separate income taxes on C corporations, even though the dividends paid to stockholders are taxed as personal income. The corporate income tax is a separate tax from the personal income tax.

States Cannot Impose Separate Income Taxes on C Corporations Because