Describe the difference between the tax treatment of income from a business that is earned directly by

Question:

Describe the difference between the tax treatment of income from a business that is earned directly by an individual and the same income earned by a corporation and distributed to the individual as a shareholder.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...

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