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Ch 3 Quiz - Tnre,uro" 2 Double taxation is a...

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San Jose State University Business 123A Spring 2009 Quiz Chapter 3: l Generally, a partnership will to the partners (tire owners). Name MW 9:00 not pay tax on its profits. lnstead, the profits are taxed
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Unformatted text preview: Tnre ,'/ ,uro" 2. Double taxation is a disadvantage of operating a business in the corporate form. This is true even if "S" status is properly elected by the corporation. True False ,/...
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