Which of the following is a means to avoid the double taxation burden imposed on the profits of corporations?

Question

Quizplus · Accepted Answer

Treating all corporations as passthrough entities for federal tax purposes, enacting tax legislation to make dividends nontaxable to all shareholders, and allowing corporate shareholders a credit on their tax returns for taxes paid by the corporation on profits distributed as dividends are all ways to avoid double taxation. Therefore, the best answer is D because it includes all of the above.

Which of the Following Is a Means to Avoid the Double