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re: So a C corporation is taxed twice on profit?
Posted on 11/10/14 at 6:58 pm to deltaland
Posted on 11/10/14 at 6:58 pm to deltaland
quote:
I never knew this. I just set up a C corp and am about to receive a 2mil investment to get it going. Needed to do a tax filing...I didn't realize with a C corp they tax the profit of the corporation, and then tax the dividends distributed to shareholders.
After reading, you better ditch your financial guy.
This post was edited on 11/10/14 at 7:06 pm
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