Which type of income is subject to "double taxation"?
A) Dividends and wages
B) Capital gains
C) Dividends
D) Wages

Name: Which type of income is subject to "double taxation"? A) Dividends and wages B) Capital gains C) Dividends D) Wages
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

Dividends are subject to double taxation as they are taxed at the corporate level when the company makes a profit and then taxed again at the individual level when shareholders receive the dividend payments. Wages and capital gains are not subject to double taxation.

Which Type of Income Is Subject to "Double Taxation