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An Scorporation is taxed just like any other corporation. True or false
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1 vote
An Scorporation is taxed just like
any other corporation.
True or false

User Boy Pasmo
by
4.4k points

2 Answers

1 vote

Answer:

true

Step-by-step explanation:

User Eddym
by
4.4k points
6 votes

Answer:

the answer is false. S corporations are not taxed like other corporations.

This is becasue S corporations are pass- through entities. Which means the company as a whole is not liable to pay taxes but the shareholders are the ones who are liable for the income tax depending on their share and the income from the s corporation.

Step-by-step explanation:

User Doron Yaacoby
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4.8k points
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