Question
When flow through taxation occurs, the entity usually pays no tax itself, but its owners include the entity's income, deduction, and credit items proportionately. Which
When "flow through" taxation occurs, the entity usually pays no tax itself, but its owners include the entity's income, deduction, and credit items proportionately. Which "flow through" entity is exception to a general rule and actually pays CA tax at the entity level?
Group of answer choices
General Partnership
S Corporation
None listed here
C Corporation
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Capital Market Instruments Analysis And Valuation
Authors: M. Choudhry, D. Joannas, G. Landuyt, R. Pereira, R. Pienaar
3rd Edition
0230576036, 9780230576032
