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nancy2457 nancy2457
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3 weeks ago
Partnerships are subject to double taxation of income.

▸ true

▸ false
Textbook 

Business in Action


Edition: 9th
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paris.chenparis.chen
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More questions for this book are available here
false

Income tax is straightforward for partnerships. Each owner's income is treated as his or her share as personal income. This helps investors avoid double taxation.

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