Double Taxation
How will the corporations pay taxes
How do corporations pay taxes?
By  Mihir Dharap  |  01 Jun 2016  |  Upvotes: 0  | 

1 Answer(s)

Prateek Kumar
Advocate

After the corporate income tax is paid on the business income, any distributions made to stockholders are taxed again at the stockholders' tax rates as dividends. Income paid to shareholders as wages are also taxed on the shareholder's personal income tax return.

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