The "double taxation" of corporate income refers to the taxation of corporate income at both the entity level and the shareholder level.

Name: The "double taxation" of corporate income refers to the taxation of corporate income at both the entity level and the shareholder level.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

Double taxation occurs when corporate income is taxed at the corporate level as profit and again at the shareholder level when dividends are distributed.

The "Double Taxation" of Corporate Income Refers to the Taxation