The advantages of sole proprietorship and partnership taxation include:
A) The tax burden can be lessened if the shareholders are active in the operation of the business.
B) The tax burden experienced by shareholders can be reduced by keeping the dividend rate constant.
C) The owners can reduce their tax liability on their other income by the amount of they lose individually.
D) Exemption of privilege taxes for doing intrastate business in another state.
Correct Answer:
Verified
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