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Accounting 332 Tax - Chapter 1 > 1-3b Corporations > Flashcards

1-3b Corporations Flashcards

0
Q

S corporations

A

Pay no tax at the corporate level

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1
Q

C corporations

A

Separate taxable entities

  • Form 1120
  • double taxed on shareholders and corporation
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Accounting 332 Tax - Chapter 1 (15 decks)

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