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Revisió de 19:49, 15 oct 2026
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The most widespread form of legal entity is the business. There are two basic forms, C Corp and S Corp. A C Corp pays tax by its profit for last year and then any dividends paid to shareholders one other taxed. Hence the term double-taxation. An S Corp however works differently. The S Corp pays no tax on profits. The gain flows through to the shareholders who then pay tax on cash.
