What does double taxation mean?
A. Companies must pay taxes on their income, and then employees must pay taxes on their salaries and wages.
B. Companies have to pay both sales taxes and income taxes.
C. Companies must pay taxes on their earnings, and then stockholders pay taxes on their dividends.
D. Suppliers tax their customers, and in turn these businesses tax the ultimate consumer.
E. Companies must pay taxes on corporate income and then additional taxes on distributions to profit stockholders.
Answer: C
You might also like to view...
Fast Feet is a manufacturer of running shoes. Its shoes are not selling fast enough for the company to pay its debts and continue its operations. Fast Feet is now insolvent. What options are available to Fast Feet? How would these options affect Fast Feet's obligations to its creditors, if at all?
What will be an ideal response?
Investment in foreign countries that occurs by installing capital goods and using them to produce output is referred to as
A. directed capital. B. direct investment. C. capital investiture. D. portfolio investment.
A traditional assembly line would most likely create a high degree of ________ interdependence.
A. Reciprocal B. Pooled C. Sequential D. All of the choices are correct.
The EPA's highest standard to regulate conventional water pollutants is the best available treatment (BAT) standard
Indicate whether the statement is true or false