90.2K
Verified Solution
Link Copied!
4. Which of the following is not an effective strategy for mitigating double taxation in a C corporation?
A. C corporations can shift income to shareholders via deductible payments
B. C corporations can make an S election
C. C corporations can pay dividends to their shareholders
D. None of these. All of these statements are effective strategies to mitigate or avoid double taxation.
Answer & Explanation
Solved by verified expert