What is meant by the term "double taxation" as applied to the corporate form of business organization?

Question 6 options:

A)	Corporate income is taxed, and then shareholders are taxed on the corporate dividends they receive.

B)	Corporations pay both income tax and sales taxes on their goods.

C)	Corporate income is taxed at twice the rate of partnership income.

D)	Corporations pay both Federal income tax and state income tax on their earnings.