A corporation's earnings are taxed as corporate earnings and as dividends to the shareholders. What is this known as?

Name: A corporation's earnings are taxed as corporate earnings and as dividends to the shareholders. What is this known as?
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Question

Quizplus · Accepted Answer

Double taxation refers to the taxation of corporate earnings at the corporate level and the taxation of dividends to the shareholders. This can result in a higher overall tax burden for a corporation and its shareholders.

A Corporation's Earnings Are Taxed as Corporate Earnings and as Dividends