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LiRa [457]
3 years ago
7

Robin Company has $100,000 of income before payment of $100,000 of reasonable salaries to its owners employees (who are in the 3

2% bracket). Which form of business results in the least amount of combined income tax being paid by the company and its owners? 2. a. Partnership b. C corporation. c. S corporation. d. a., b, and c. all result in the same amount of tax. e. a. and c. result in the least amount of tax. t.
Business
1 answer:
miv72 [106K]3 years ago
6 0

Answer:

d. a., b, and c. all result in the same amount of tax.

Explanation:

The question is to determine the form of business

First we need to understand some terms

A C Corporation refers to a standard corporation as far as the IRS is concerned while the S Coproration is a corporation with a special tax status giving it some tax privileges with the IRS. We however, group organisations as either C or S based on the taxation code with the Internal Revenue Service

It should be noted that C corporation, S corporation and partnership all aply the same rate of tax. The only place of advantage or difference is in the area of how the tax is treated and the difference in their liability.

As such, the owner in the question is being taxed based on the 32% bracket and as such it affects all the forms of business structures. Therefore, Partnership. C corporation and S corporation will asll result in the same amount of tax.

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The criteria that parties to a contract must be in agreement is also known as
irga5000 [103]

Answer:

C: Mutual Assent.

Explanation:

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Starbucks has signed a contract with a television production company to have its brand featured prominently in a new situation c
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The relationship between planned investment and interest rates is that investment spending is inversely related to interest rates.

<h3>How are investment spending and interest rates related?</h3>

Investment spending depends on being able to take loans from financial institutions to sponsor capital projects.

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Find out more on interest rates at brainly.com/question/26540958.

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There should be defined roles of all the team members and they should know their responsibilities.

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