QUESTION 12
One of many damaging features of the company type of doing enterprise is double taxation, which happens when an organization pays dividends to shareholders from earnings which have already been taxed and the dividends, when obtained by shareholders, are taxed once more. How does the usage of a subchapter S company handle the difficulty of double taxation? Your response should be at the least 75 phrases in size.
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12TH QUESTION
Double taxation, which happens when an organization distributes dividends to shareholders from earnings which have already been taxed and the dividends are taxed twice when obtained by shareholders, is without doubt one of the disadvantages of the company type of doing enterprise. How does the usage of a subchapter S company handle the difficulty of double taxation? Your response should be at the least 75 phrases in size.