Robin Company has $100,000 of income before payment of $100,000 of reasonable salaries to its owners/employees (who are in the 33% bracket) . Which form of business results in the least amount of combined tax being paid by the company and its owners?
A) Partnership.
B) C corporation.
C) S corporation.
D) a., b., and c. all result in the same amount of tax.
E) a. and c. result in the least amount of tax.
Correct Answer:
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