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28. Discuss how the income of a C corporation is double taxed and what, if any, rules are in place to mitigate the effect of

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28. Discuss how the income of a C corporation is double taxed and what, if any, rules are in place to mitigate the effect of this double taxation to shareholders who are individuals. Discuss the mechanics of any rules in the IRC that prevent or mitigate triple or greater taxation of the income of a C corporation when another C corporation is a shareholder

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