Which of the following companies will experience double taxation because it is taxed as a separate legal entity? a nonprofit corporation b sole proprietorship c partnership d c corporation

The answer is "D, C corporation".

A C corporation is an enterprise in which the proprietors, or investors, are exhausted independently from the substance. C companies, the most common of partnerships, are additionally subject to corporate salary tax collection. The saddling of benefits from the business is at both corporate and individual dimensions, making a twofold tax assessment circumstance.  

Corporations settle corporate regulatory expenses on profit before appropriating remaining adds up to the investors as profits. Singular investors are then subject to individual pay assesses on the profits they get.

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