Answer:
C corporations
Step-by-step explanation:
A ' C ' corporation is a business ownership structure that treats owners and the business as separate legal entities. In Tax computations, the corporation fulfills the corporate tax requirements while the shareholders need to file individual income tax returns. These seem to be an aspect of double taxation, which makes the C corporation's highest tax payers.
C corporations have limited liability feature, which makes them popular among investors. The limited liability element safeguards shareholders' personal properties from creditors should the business fail to meet its obligations.