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re: So a C corporation is taxed twice on profit?

Posted on 11/10/14 at 9:46 pm to
Posted by SpidermanTUba
my house
Member since May 2004
36129 posts
Posted on 11/10/14 at 9:46 pm to
quote:

- yes U.S. corporations are doubly taxed
corporations are people. They get taxed once. Their shareholders are also people. They also get taxed once. Two separate persons each being taxed once does not mean each is individually taxed twice.


This post was edited on 11/10/14 at 9:48 pm
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