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:17-1 Distinguish between the partnership, S corpo- ration, and C corporation forms regarding the following: a. Incidence of taxation on the organization's business income b.

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:17-1 Distinguish between the partnership, S corpo- ration, and C corporation forms regarding the following: a. Incidence of taxation on the organization's business income b. Taxation of distributions to owners c. Application of the conduit and separate entity concepts of taxation d. Limitation on number and type of owners

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