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georgelong · 46-50, M
All of the shareholders pay taxes. You could mention IF your true desire is to be factually informative.
Kypro · 51-55, M
@georgelong if corporations are people legally and get funding from the govt they should pay tax on income
georgelong · 46-50, M
Not if it’s distributed to shareholders who then pay. Someone always pays. @Kypro
Kypro · 51-55, M
@georgelong corporations are supposed to but they avoid it
georgelong · 46-50, M
All depends on the math. When an entity pays taxes and its shareholders pay taxes in the same income it’s double taxation @Kypro
Kypro · 51-55, M
@georgelong no it’s not. Corporations are entities and have a tax rate. Individuals are separate
georgelong · 46-50, M
Income that goes to shareholders is taxed to shareholders. Retained income after deductions not distributed to shareholders is taxed to the corporation. @Kypro
Kypro · 51-55, M
@georgelong obviously none is collected from Amazon and many
Kypro · 51-55, M
@georgelong but keep trolling with no facts
georgelong · 46-50, M
Pay your CPA to agree with me. @Kypro