Question

g Within the context of corporation law, the concept of double taxation means that: Question 20 options: the government taxes both management salaries and dividends to managers the tax rate for corporations is double that of individuals the government taxes both earnings to corporations and dividends to individual shareholders the government taxes both earnings and retained earnings of the corporation

Answer 1

Answer: the government taxes both earnings to corporations and dividends to individual shareholders

Explanation:

Double taxation occurs when an income, asset, good or any other financial transaction is being taxed twice.

Within the context of corporation law, the concept of double taxation means that the government taxes both earnings to corporations and dividends to individual shareholders.