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How are corporations taxed?

April 26, 2017corporations TAXED

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How are corporations taxed?

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C corporation is taxed on its profits at the end of the year at a rate fixed by the tax code. S corporations are not taxed separately. The shareholders are taxed on the money received from the company.

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A C corporation is taxed on its profits at the end of the year at a rate fixed by the tax code. S corporations are not taxed separately. The shareholders are taxed on the money received from the company.