How Do Corporations Pay Taxes

How do corporations pay taxes?

Answer (1)

Team Legistify

  • Sector-1, Noida

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.

Answered on 28 Sep 2018


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