All categories

3 years ago

Which of the following statements regarding C corporation is false?

Business

2 answers:

dedylja [7]3 years ago

8 0

c corporation are generaly not subject

Vedmedyk [2.9K]3 years ago

7 0

These are the choices I found on the internet:

A. C corporations are generally not subject to corporate income tax.

B. C corporations are separate entities for tax purposes.

C. Shareholders of a C corporation have limited liability.

D. Shareholders of a C corporation are taxed only when the corporation distributes earnings and profits.

The false one would be letter A - C corporations are generally not subject to corporate income tax. C corporations are subject to tax and may be taxed at a tax rate from 15 to 38 percent.

You might be interested in

Explain the importance of mass communication

pashok25 [27]

Another important objective of mass communication is to create public opinion on any national or international issue. Mass media attempts to create public opinion through providing their audiences with a realistic picture of the world, activities of the leaders, governmental politics

8 0

2 years ago

Under what conditions would a nation be viewed as being neither a net borrower nor a net lender in the international economy?.

irakobra [83]

Answer: trade balance of zero

Explanation:Trade deficits can be a good or a bad sign for an economy, and trade surpluses can be a good or a bad sign. Even a trade balance of zero—which just means that a nation is neither a net borrower nor lender in the international economy—can be either a good or bad sign.

7 0

2 years ago

Nellie works as an attorney for a large consulting firm. Nellie's job is to act as an advisor to the firm's consultants, to be s

WARRIOR [948]

Nellie's position would be classified as a staff position since he working as an attorney for the same consulting firm.

<h3>Who is an attorney?</h3>

An attorney is a person or a member of the legal profession. They are licensed and qualified to represent a client in court.

Here, Nellie is providing legal support to his firm's consultant hence his position would be considered as staff.

Learn more about attorney here : brainly.com/question/14745452

#SPJ1

3 0

1 year ago

Arthur is a tax preparer doing business as a sole proprietor. Under what circumstances could he receive a pass-through deduction

mestny [16]

It should be noted that the condition where he'll get a pass-through deduction is that he has a taxable income.

A pass-through deduction refers to a business that isn't subject to corporate income tax. Rather, such a business is taxed at individual income tax rates.

From the information given, the condition where Arthur will get a pass-through deduction is that he has a taxable income. Also, the deduction cannot be more than 20% of the taxable income.

Learn more about taxes on:

brainly.com/question/9437038

4 0

2 years ago

Which type of marketing channel arrangement is especially good for a firm to use in global marketing where the creation of marke

Rudik [331]

C. Strategic channel alliance is a marketing channel arrangement is especially good for a firm to use in global marketing where the creation of marketing channel relationships is expensive and time consuming.

When you are in a strategic alliance or strategic partnership, you have an agreement between one another for objectives to be accomplished but still operating as independent entities. When one company partners with another company, knowledge and resources are usually gained to where one or both parties benefit.

5 0

3 years ago