With proper tax planning,it is always possible for a C corporation and its shareholders to avoid double taxation.

Name: With proper tax planning,it is always possible for a C corporation and its shareholders to avoid double taxation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Double taxation occurs when a C corporation's profits are taxed at the corporate level and again at the shareholder level when dividends are distributed. While tax planning can minimize the impact, it cannot always completely eliminate double taxation.

With Proper Tax Planning,it Is Always Possible for a C