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Business, 18.09.2019 01:30 djmelodiedaniels

Explain the difference between an s and a c corporation.(select from the drop-down menus.)the profits and losses of the1. (s corporation/c corporation) are passed directly to shareholders and are not subject to corporate taxes, while the
2. (s corporation/c corporation) must first pay taxes on any profits before passing the after-tax profits on to shareholders. in addition, the
3. (s corporation/c corporation) can have no more than 100 shareholders, all of whom must be u. s. citizens or residents. the
4. (s corporation/c corporation) does not have any such restrictions on its shareholders.

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Explain the difference between an s and a c corporation.(select from the drop-down menus.)the profit...
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