Robin Company has $100,000 of income before payment of $100,000 of reasonable salaries to its owners/employees (who
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Question:
Robin Company has $100,000 of income before payment of $100,000 of reasonable salaries to its owners/employees (who are in the 33% bracket). Which form of business results in the least amount of combined tax being paid by the company and its owners?
A. Partnership.
B. C corporation
C. S corporation.
D. a., b., and c. all result in the same amount of tax.
E. a. and c. result in the least amount of tax.
Related Book For
Personal Finance
ISBN: 978-1259720680
12th edition
Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart
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