If you're referring to the independence of the USA from England,
the country celebrates that occasion on July 4 of each year.
The economic crash was called the Great Depression
Where are the statements? Can’t see them to answer your question.
What exactly is the question? Comment and tell me it.
Answer:
The correct answer is:
C. Partnerships is a reporting entity but not a taxable entity.
Explanation:
Individuals are reporting entities and taxable entities, so a is incorrect. A partnership is not a taxable entity, but partnerships are reporting entities. Because partnerships report their accountant numbers but don't pay direct taxes. However, the individuals in that partnership declare their income and are taxed on their individual earnings. Corporations have to report and get taxed over their income. So the correct option is C.
