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Posted: August 8th, 2022
BL-8
QUESTION 12
One of the negative aspects of the corporate form of doing business is double taxation, which occurs when a corporation pays dividends to shareholders from profits that have already been taxed and the dividends, when received by shareholders, are taxed again. How does the use of a subchapter S corporation address the issue of double taxation? Your response must be at least 75 words in length.
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