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 journal entry must be at least 200 words in length. No references or citations are necessary.
The post Unit VIII Journal Business Law BUS 3301 first appeared on Writeden.