In a corporation, the profits are taxed and then the profits are taxed again when paid to the shareholders, so there is double taxation of corporate profits.

Name: In a corporation, the profits are taxed and then the profits are taxed again when paid to the shareholders, so there is double taxation of corporate profits.
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Corporate profits are taxed at the corporate level and then again when distributed to shareholders as dividends or capital gains. This results in double taxation of the same profits.

In a Corporation, the Profits Are Taxed and Then the Profits