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grandymaker [24]
3 years ago
10

the following are characteristics shared by both for-profit and not-for-profit corporations EXCEPT ________.

Business
1 answer:
MArishka [77]3 years ago
4 0
The following are characteristics shared by both for-profit and not-for-profit corporations EXCEPT <span> issuing shares of stock</span>
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According to the federal laws earnings from awards or prizes, earning from commission and income form bonus or tips are not exempted from the federal income tax. Likewise, interest earned from state bonds is exempted from federal income tax. IRS the internal revenue service interest in government or federal obligations are not considered for deduction of federal income tax.

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