If a corporation makes $$100,000$ in profit, how will that profit be taxed if the money is all distributed to the owners?

a$.$ $$100,000$ will be taxed at the individual tax rate of each owner.

b$.$

$$100,000$ will be taxed at the corporate rate; then those after$-$tax profits will be taxed again at the corporate rate when distributed to each owner.

c$.$ $$100,000$ will be taxed at the corporate rate; then those after$-$tax profits will be taxed again as dividends when distributed to each owner.

d$.$ $$100,000$ will be taxed at the corporate rate only.

e$.$ Corporations don't pay taxes as a company, but "pass through" the profits to owners.