___-corporations have favorable tax treatment because a qualifying firm does not pay corporate income taxes.

Name: ___-corporations have favorable tax treatment because a qualifying firm does not pay corporate income taxes.
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S-corporations have favorable tax treatment because they are not subject to corporate income taxes. Instead, the profits and losses of the S-corporation are passed through to the shareholders, who report them on their individual tax returns.

___-Corporations Have Favorable Tax Treatment Because a Qualifying Firm Does