Homework Answers
Answer:-
OPTION (A): It is a false statement (NOT TRUE)
It is an "opaque" taxpaying entity
Explanation:- A regular corporation (also known as a C corporation) is taxed as a separate entity. The corporation must file a Form 1120 each year to report its income and to claim its deductions and credits.
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E. ACCOUNT 23. Which of the following is NOT TRUE about a "C" corporation A. It...
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