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Double taxation refers to which of the following scenarios? Both bondholders AND shareholders of a corporation must pay taxes on proceeds received. The corporation pays

Double taxation refers to which of the following scenarios?

Both bondholders AND shareholders of a corporation must pay taxes on proceeds received.

The corporation pays taxes on its earnings, and creditors pay taxes on interest received.

The corporation pays taxes on its earnings, and shareholders pay taxes on dividends received.

All of these

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