(CTC) Chartered Tax Consultant Practice Test
(CTC) Chartered Tax Consultant CTC Business Taxation & Entity Structures
What is a primary tax benefit of forming an S corporation?
Select your answer
A
It eliminates all federal taxes.
B
It allows for unlimited shareholders.
C
It avoids double taxation by passing income directly to shareholders
D
It provides special tax exemptions.
Need a hint?
(H)
