In a(n)______,the shareholders are taxed only on income distributed.
A) limited partnership
B) corporation
C) limited liability company
D) sole proprietorship
E) S corporation

Question

Quizplus · Accepted Answer

In a corporation, the shareholders are taxed only on income distributed. A corporation is an artificial, intangible entity created under the authority of a state's law.

In A(n)______,the Shareholders Are Taxed Only on Income Distributed