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Earnings of C corporations can be.... taxed at twice the going rate of a partnership or sole proprietorship. taxed the same as a partnership. taxed

Earnings of C corporations can be....

  • taxed at twice the going rate of a partnership or sole proprietorship.

  • taxed the same as a partnership.

  • taxed twice if they are distributed as dividends to stockholders.

  • taxed by the federal government, but they are exempt from state taxes if the corporation owns any facilities within that state.

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