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30 March, 07:21

Double taxation occurs in which of the following entities:

a.

corporations

c.

general partnerships

b.

sole proprietorships

d.

limited liability companies

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Answers (1)
  1. 30 March, 07:26
    0
    'Double Taxation ' A taxation principle referring to income taxes that are paid twice on the same source of earned income. Double taxation occurs because corporations are considered separate legal entities from their shareholders.

    Double taxation occurs in corporations.
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