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Author Question: What type of business has the potential for double taxation of profits and why? What will be an ... (Read 81 times)

Pineappleeh

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on: Jun 29, 2018
What type of business has the potential for double taxation of profits and why?
 
  What will be an ideal response?

Question 2

Which of the following displays these two characteristics: nonrivalry and nonexcludability in consumption?
 
  A) public goods B) private goods
  C) quasi-public goods D) common resources
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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Brenm

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Corporations earn profits that are taxed at the corporate level and, after dividends are paid to stockholders, then are taxed as personal income.

Answer to Question 2

A


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